Mrs. Aby, raising her hand on the right in the photograph, is responsible for the group. She's 65 years old, a widow, and without children. But she has three children entrusted to her by family.
She sells fruits and vegetables. She's been running this business for several years, and has a good experience in this field. This loan will enable her to bolster her working capital and better expand her business.
The profits of her business enable her to provide for herself and improve the standard of living (food, healthcare) of the children she has to support.
Madame Aby qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 65 ans. Elle est veuve sans enfants. Mais elle en charge trois enfants confié par ses parents et proches.
Elle s’active dans la vente de fruits et légumes. Elle a une bonne expérience dans ce domaine d’activité, qu'elle pratique depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer son activité de vente de fruits et légumes.
Les profits générés par son petit commerce lui permettront de subvenir à ses besoins personnels et d’améliorer les conditions de vie des enfants qui lui sont confiés par exemple: la nourriture la santé etc.…).
About CAURIE Micro FinanceThe mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid