Foulbe 2 Group
Madame Hary (sitting third from the left, covered in a black scarf with white dots) is the group leader. She is 54 years old, married and has three children. She purchases foodstuffs such as palm oil and peanut paste etc in her local area that she sells in the capital city. This new loan will enable her to boost her business. The profits she generates will enable her to see to her family's needs (clothes, health, schooling and food).
Madame HARY (assise en troisième position de la gauche vers la droite, emmitouflée d'une écharpe noir parsemée de points blancs) est responsable du groupe. Elle est âgée de 54 ans. Elle est mariée et mère de trois enfants.
Elle achète des denrées alimentaires tels de l'huile de palme et de la pate d'arachide, etc dans la sous région qu'elle revend à la capitale
Son nouveau prêt lui permettra d’augmenter et maintenir ses activités.
Les bénéfices lui permettront d’assurer les besoins familiales (habillement, santé, scolarité, nourriture).
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