Khady (standing to the far right wrapped in a white scarf) is in charge of the group. She is 51-years-old. She is married and mother to five children.
She sells fruits and vegetables at the central market of her town. She is very experienced in this field because she has worked in it for several years.
With this new loan she plans to stock up on vegetables from the towns for reselling at the market.
She plans to ensure the care of her children.
Madame khady (debout à l’extrême droit emmitouflée d'une écharpe blanche) est responsable du groupe. Elle est est âgée de 51 ans. Elle est mariée et mère de cinq enfants
Elle est vendeuse de fruits et légumes au marché central de sa ville. Elle a une expérience très avancée dans ce domaine pour y avoir exercé depuis plusieurs années.
Avec ce nouveau prêt elle compte s’approvisionner en légumes auprès des villages pour la revente au marché.
Elle compte assurer la prise en charge de ses 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