The solidarity group's president, Fatou, is a 54-year-old married woman who has eight children. She has two children to support. Fatou has a small business selling fabrics, fish, and seafood products. In the photo, she is standing at the right and wearing a black scarf.
With this loan, Fatou would like to buy some merchandise for her business.
With the profits, she adds to her savings in the neighborhood tontine and at Caurie. She supports her husband in managing the family.
La présidente du groupe de solidarité Fatou est une femme mariée âgée de 54 ans avec 08 enfants. Elle a 02 enfants en sa charge. Elle fait du petit commerce de tissus, poissons et produits de mer. Sur la photo elle est debout à droite avec une écharpe noire.
Avec son prêt, elle voudrait acheter des marchandises pour son commerce.
Avec ses bénéfices, elle fait de l'épargne à la tontine du quartier et à Caurie. Elle appuie son mari dans la gestion de la famille.
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