Kambeng Doumassou Group
Aminata, seated in the center and also pictured in the corner inset of the photo, is the featured borrower. She is 65 years old, married, and the mother of ten children, three boys and seven girls. Very determined, she buys clothing wholesale to re-sell in her neighborhood and nearby neighborhoods. She is very experienced in this business.
Her new loan will allow her to buy enough inventory to sell on the local market. With the profits, she plans to support her children in their various activities.
Madame Aminata assise au milieu dans la photo et en médaillon en bas à droite est l’emprunteur vedette. Elle est âgée de 65 ans, est mariée et mère de dix enfants dont trois garçons et de sept filles. Très déterminée, elle achète des articles vestimentaires en gros pour la revente dans son quartier et les quartiers environnants. Elle est très expérimentée dans l’activité commerciale.
Son nouveau prêt lui permettra de s’approvisionner en quantité suffisante pour l’écouler dans le marché local.
Avec les bénéfices réalisés, elle compte appuyer ses enfants dans leur différente activité.
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