Mrs. Satou, to the left of the photo with her hand raised, is the leader of the group. She is 42 years old. She is married and the mother of seven children. She also has two other children whose parents left them in her care.
She sells vegetables and peanut butter. She has a lot of experience with this type of business because she has been at it for several years.
This loan will allow her to build up her working capital and to develop her business.
Her profits will allow her to improve living conditions for her family (healthcare, food, clothing, etc.) and to add to her savings.
Madame Satou qui est à gauche de la photo levant la main est responsable de groupe. Elle est âgée de 42 ans. Elle est mariée et mère de 07 enfants. Elle a aussi en sa charge 02 autres enfants confié par ses parents.
Elle s’active dans la vente de légumes et de patte d'arachide. Elle a une bonne expérience dans ce domaine d’activité, qu’elle pratique depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.
Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.
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