Madam Fily (standing on the extreme right in the photo and raising her arm) is responsible for the group. She is 55 years old, and she has 7 children. Her primary business is selling mil [African cereal] and corn gruel and curdled milk. She has been managing this business for several years.
She plans to invest her loan to buy mil and corn which she transforms into gruel to resell. She buys powdered milk that she transforms into curdled milk.
With this loan, she plans to take care of daily expenses, her children's schooling, and medical expenses.
Il ont pour activité principale le petit commerce.
Madame Fily (debout à l’extrême droite sur la photo levant le bras) est responsable du groupe. Elle est âgée de 55, elle a 7 enfants. son activité principale est la vente de bouillie de mil et de maïs et du lait caillé. Elle mène cette activité depuis plusieurs années.
Elle compte investir son prêt pour l'achat du mil, du maïs qu'elle transforme en bouillie destinée à la vente. Elle achète du lait en poudre qu'elle transforme en lait caillé.
A travers ce prêt, elle compte assurer la dépense quotidienne, la scolarité de ses enfants, et les frais médicaux.
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