Awa is the president of the group. She is standing at the right in the photo with her hand raised. Awa is 30 years old and married with three children. She will use her loan to buy groundnuts and ewes. The groundnuts will be processed into oil.
The profits earned will help her to improve her family’s living conditions and to support her children’s education.
La présidente Awa, debout à droite de la photo et levant la main est âgée de 30 ans. Elle est mariée et mère de 03 enfants.
Avec son prêt reçu elle va acheter de l'arachide pour faire la transformation en huile et des brebis.
Les bénéfices générés lui permettront d'améliorer les conditions de vie de sa famille et soutenir ses enfants dans leur scolarité.
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