Kambeng Bloc 1 Group
Mrs. Yama (standing on the far right) is the group’s leader. She is 48 years, married and the mother of five. She also takes care of two other school-aged children, relatives from nearby villages. She grows peanuts and prepares peanut paste for sale. With this loan she plans to stock up on seeds in order to better prepare for farming during the rainy season. She plans to use the revenues to help her husband provide for the children’s schooling.
Madame Yama, (debout à l’extrême droite), est responsable du groupe. Elle est âgée de 48 ans, est mariée et mère de 05 enfants, elle prend en charge deux autres élèves qui sont des proches parents venant des villages environnant. Elle cultive de l’arachide qu’elle transforme en patte pour la revente.
Avec ce prêt elle compte s’approvisionner en semence pour mieux préparer la culture durant la saison des pluies.
Les bénéfices, elle compte appuyer son mari dans la scolarité 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