Madame Georgette (who is raising her hand at the left of the picture) is responsible for the group. She is 61 years old, married with seven children. She also takes care of two other children entrusted to her by their parents.
She is active in selling oysters, palm oil, brooms, beignets (fritters) and peanut paste. She has good experience in this area of activity, which she has exercised for several years.
This loan will bolster her capital and help her to further develop her activities.
Profits will enable her to improve family living conditions (health, food, clothing, etc.), and increase her savings.
Madame Georgette qui est à la gauche de la photo levant la main est responsable de groupe. Elle est âgée de 61 ans. Elle est mariée et mère de sept enfants. Elle a aussi en sa charge deux autres enfants confiés par ses parents.
Elle s’active dans la vente d'huitres, d'huile de palme, de balais, de beignets et de pâte d'arachide. 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