Bounkiling Dialocoto Group
Ms. Binta, at the right in the photo with her hand raised, is the featured borrower. She is married and a mother of six children, four boys and two girls. She is 45 years old.
She is going to stock up on palm oil and peanuts, which she processes into peanut butter at the local weekly markets for resale in her town.
She is going buy 20 liters of palm oil and 50 kg of peanuts, which she processes into peanut butter. She repeats this every other month.
She wants to be sure to cover her son's wedding expenses. She would like to buy a bed.
MADAME BINTA QUI EST A LA DROITE DE LA PHOTO LEVANT LA MAIN ET L EMPRUNTEUR EN VEDETTE. ELLE EST MARIÉE ET MÈRE DE SIX ENFANTS DONT QUATRE GARÇONS ET DEUX FILLES. ELLE ÂGÉE DE 45 ANS.
ELLE VA S APPROVISIONNER EN HUILE DE PALME ET EN GRAINE D ARACHIDE QU ELLE TRANSFORME EN PATTE D ARACHIDE DANS LES MARCHES HEBDOMADAIRE DE LA ZONE. POUR REVENDRE DANS SA LOCALITÉ.
ELLE VA ACHETER 20 LITRE D HUILE DE PALME ET 50 KILO GRAMME D ARACHIDE QU ELLE TRANSFORME EN PATTE D ARACHIDE QU ELLE RENOUVELLE TOUS LES DEUX MOIS.
ELLE VEUT ASSURER LES FRAIS CONCERNANT LE MARIAGE DE SON FILS, ELLE SOUHAITE ACHETER UN LIT.
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