And Liguey Group
The group's leader, Déguéne (sitting on the far left of the photo with a white scarf on her head) is 65 years old, married and the mother of 3 children. She is also taking care of 2 more who have been entrusted to her.
Déguéne is developing a small business selling food products. She has been in this line of work for a long time and is therefore experienced. Her new loan of 80 000 francs will enable her to buy oil, rice, dried and smoked fish, which she will resell at the local weekly markets in the surrounding villages. The profits generated by her business enable her to pay her children's educational expenses.
Sa responsable madame Déguéne (assise à l’extrême gauche de la photo avec une écharpe blanche sur la tête) est une femme mariée âgée de 65 ans et mère de 3 enfants et 2 autres qui lui sont confiés .
Elle développe une activité de petit commerce par la vente de denrées alimentaires.
Elle pratique cette activité depuis une bonne durée c'est pourquoi elle en dispose une bonne expérience.
Son nouveau prêt de 80.000 XOF lui permettra de s'approvisionner en huile riz poissons séchés et fumés
qu'elle va revendre lors des marchés hebdomadaire des villages environnants.
Les bénéfices que génèrent sont activité lui permettent de payer les frais de scolarité de ses enfants .
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