Ramatoulaye is a 44-year-old married woman, mother of a 22-year-old child. She retails kitchen utensils. Having been involved in this business for a long time, she has a good experience in this field.
Her new loan of 50,000 francs will allow her to buy the above-mentioned goods. With the profits, she will increase her stock of merchandise and contribute to family expenses.
Il regroupe des femmes d'un mème quartier et des quartiers environnants unis par des relations sociales
Madame Ramatoulaye est une femme mariée âgée de 44 ans et mère d'un enfant de âgée de 22 ans .
Elle fait du commerce de détails par la vente d'ustensiles de cuisine .Ramatoulaye dispose d'une bonne
expérience dans son domaine pour l'avoir pratiqué pendant longtemps.
Son nouveau crédit de 50000 francs lui permettra de se procurer de la marchandise pré citée.
Avec ses bénéfices elle va renforcer son stock ,et participer aux dépenses 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