Apresse Doumassou Group
Mrs. Diènabou (seated on the far right raising her right hand) is the star borrower of the group. She is 39 years old, married and the mother of four (three boys and one girl). She takes her of her grandson. She has been selling clothing for over five years.
In order to prepare for Korité [the holiday that follows the fasting of Ramadan], she plans to buy 30 pairs of shoes at 2,000 West African francs a pair, in order to resell them at 4,000 francs.
With revenues from her business, she would like to purchase a land plot and at the same time improve the life conditions of her family.
Madame Diènabou (assise à extrême droite avec la main droite levée), est l’emprunteuse vedette du groupe. Elle est âgée de 39 ans, est mariée et mère de 04 enfants trois garçons et une fille, elle prend en charge son petit fils. Cela fait plus cinq qu’elle s’active dans la vente de tenues vestimentaires.
En vue de préparer la Korité, elle compte acheter 30 paires de chaussure à la capitale à 2 000 FCFA l’unité pour la revente à 4 000 FCFA.
Pour les bénéfices réalisés elle souhaite acquérir un terrain et en même temps améliorer les conditions de vie de sa famille.
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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