Madame Alimatou - who is on the left of the photo with her hand raised - is the group leader. She is 40 years old, married, and has six children. She sells soap and detergent for a living. She has been successful in her line of work, in which she has been involved for several years. This loan will enable her to boost her working capital and to better develop her business.
The profits she generates will enable her to improve her family's living conditions (health, food, clothes etc) and to boost her savings.
Madame Alimatou qui est à la gauche de la photo levant la main est responsable de groupe. Elle est âgée de 40 ans. Elle est mariée et mère de six enfants.
Elle s’active dans la vente de savon et de détergent. 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 ses activités.
Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.
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