Oudoucar 02 Group
Mrs. Lyssa, sitting on the far right in the photograph, is responsible for the group. She's 52 years old, married, and has three children.
She sells fruits and vegetables in her village, a business she's been running since she joined the system.
Her new loan will enable her to replenish her stock of vegetable to resell. She intends to help her husband take care of the children.
Madame Lyssa (assise à l’extrême droite) est responsable de groupe, elle est âgée de 52 ans. Elle est mariée trois enfants.
Elle est vendeuse de fruits et légumes dans sa localité, activé qu’elle mène depuis son adhésion dans le système.
Son nouveau lui permettra de s’approvisionner en légumes pour la revente.
Elle compte soutenir son mari dans la prise en charge des 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