Oudoucar 01 Group
Mrs. Gassama, sitting on the far right, is responsible for the group. She's 58 years old, a widow, and has to support ten of her children.
She resells soap, peanuts, and various other products in her village. She has a good experience in this field, due to the fact that she's been running this business for more than six years. Previously, she was a seasonal cultivator.
This new loan will enable her to buy soap and various other products to retail. With her profits, she intends to improve the standard of living of her children.
Assise à l’extrême droite, madame Gassama est responsable du groupe, elle est âgée de 58 ans. Elle est veuve et prend en charge 10 de ses enfants.
Elle est vendeuse de savon, arachide et divers produits de sa localité. Elle a une bonne expérience dans ce domaine pour l’avoir pratiqué plus de six années. Au par avant elle pratiquait la culture saisonnière.
Ce nouveau crédit lui permettra de s’approvisionner en savon et divers produits en détail pour la revente.
Avec les bénéfices qu’elle tirera de son activité, elle compte améliorer les conditions de vie de ses 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