Madam Siring who is on the right of the photo raising her hand is responsible for the group. She is 46 years old. She is a widow and has no children. She takes care of five children entrusted to her by her parents.
She actively sells bananas. She is well experienced in this business, where she has been working for several years.
This loan will allow her to strengthen her capital and to better develop her business.
The profits will allow her to improve her family's living conditions (schooling etc.).
Madame Siring qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 46 ans. Elle est veuve sans enfants. Elle a aussi en sa charge cinq autres enfants confiés par ses parents.
Elle s’active dans la vente de bananes. 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 (scolarité etc.…).
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