Dialicounda Kawral/ Tedungal Group
Ms. Coumba (in the inset all the way on the right side of the photo) is the group leader. She is 48 years old, married, and has eight children. She also takes care of four other members of her family.
She sells tea, sugar, and condiments at the market in her town. She has mastered this business, having practiced it for more than five years.
With her new loan, she plans to supply herself with sugar, tea, and various other products. She intends to better support her husband in providing for the family.
Madame Coumba (en médaillon à l’extrême droit) est responsable du groupe. Elle est âgée de 48 ans, est mariée et mère de huit enfants, elle prend à charge quatre aux membres de sa famille.
Elle vend du thé, du sucre et des condiments dans le marché de sa commune. Elle maîtrise bien cette activité pour l’avoir pratiqué pendant plus de cinq ans.
Avec son nouveau prêt elle compte s’approvisionner en sucre, et thé et autres produits divers.
Elle envisage de mieux soutenir son mari dans la prise en charge des dépenses familiales.
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