Weltare De Badion 01 Group
Ansara (seated, on the far left) is the group leader. She is married and mother of five children. At 54 years old, she is very active and has been working in the production of local products (millet, corn, etc.), especially peanut butter, for several years now.
With this loan, she plans to buy cereals in bulk to be transformed and sold.
The profits will allow her to support her husband in covering the family's expenses.
Madame Ansara (assise à l’extrême gauche) est responsable de groupe. Elle est mariée et mère de cinq enfants. Agée de 54 ans
Elle est très active et mène depuis plusieurs années des activités de transformation des produits locaux (mil, maïs etc.) surtout la patte d’arachide.
Avec ce prêt elle compte acheter des céréales en quantité pour la transformation et la vente.
Les bénéfices lui permettront de soutenir son mari dans les charges familiales.
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