Aminata, who is on the right of the photo raising her hand, is the group's leader. She is 73 years old and a widow. She has four children in her care who have been entrusted to her by their parents.
Aminata's business is selling palm oil and lemon juice. She has good experience in this field which she has been working in for several years.
This loan will allow Aminata to strengthen her capital and better develop her small business selling palm oil and lemon juice.
The profits that Aminata makes will allow her to cover her personal needs and improve the living conditions of the children that she is responsible for (food, etc.)
Madame Aminata qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 73 ans. Elle est veuve. Elle a la charge quatre enfants confiés par ses parents.
Elle s’active dans la vente d'huile de palme et de jus de citron. 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 petit commerce d'huile de palme et de jus de citron
Les profits lui permettront de subvenir à ses besoins personnels et d’améliorer les conditions de vie des enfants qui lui sont confiés ( nourriture 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