Tessito Gadamayo / Wakilare Group
D., the woman sitting on the far right of the picture, is the group´s leader. She is 47 years old, married and the mother of 7 children. She has been selling fabrics for over 6 years, and would like to develop that side of her business. She also sells vegetables at her local market.
This loan will enable D. to buy large amounts of fabric for resale. The profits from her business will allow her to support her husband with the children's educational and food expenses.
Madame D.(assise à l’extrême droit sur la photo) est responsable du groupe. Elle est âgée de 47 ans.
Elle est mariée et mère de sept enfants.
Durant ce cycle elle voudrait mieux développer son activité de vente de tissu. Une activité qu'elle mène depuis plus de six ans. Comme activité parallèle elle fait la vente de légumes dans le marché de son quartier.
Son nouveau crédit lui permettra de s'approvisionner en grande quantité en tissus pour la revente.
Les bénéfices générés par son activité lui permettront d’aider son mari dans la prise en charge de la scolarité et de la nourriture des enfants.
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