Diambars De Doumassou Group
Ms. Mariama (sitting all the way on the right) is the featured borrower. She is a widow and takes care of four of her daughters. She is a retailer of ice cream and various fruit juices at the private school in her area. She has run this business for over a decade. With this loan, she intends to buy two bags of monkey bread, one half-bag of sugar, and other ingredients in order to work continuously because of a lack of working capital.
The profits from this business will allow her to better provide for her family, both in terms of nutrition and other essential needs.
Madame Mariama (assise à l’extrême droite), est l’emprunteuse vedette, elle veuve et prend en charge quatre de ses filles. Elle est vendeuse de crème glacée et divers jus de fruit à l’école privé de son quartier. Cette activité, elle l’a pratique depuis plus d’une décennie. Avec ce prêt elle compte acheter 02 sacs de pain de singe et un demi-sac de sucre et les autres ingrédients afin de pour travailler sur une période sans arrêt pour cause de manque de fonds de roulement.
Les bénéfices de cette activité lui permettront de mieux s’occuper de sa famille tant sur le plan de la nourriture et autres besoins vitaux.
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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