Fatou, standing up on the right in the photo and raising her hand, is 45 years old and married, mother of a son. She also has two granddaughters and a daughter-in-law in her care.
As her main business she practicing beef fattening: she buys a cow, which she fattens, and after six months resells it at the weekly markets.
At the same time, she also runs a small business selling smoked and dried fish, and vegetables.
With the profits she makes she helps her son take care of the family, she strengthens her savings and she buys school supplies for her grandchildren.
Fatou debout sur la droite de la photo et levant la main est âgée de 45 ans est marié et mère d'un garçon; elle a en charges 2 petites filles et une belle fille.
Elle fait comme activité principale l'embouche bovine; elle achète un bœuf qu'elle engraisse et au bout de 6 mois le revend dans les marchés hebdomadaires.
Elle fait en parallèle du petit commerce: vente de poisson fumé et séché, de légumes.
Avec les Bénéfices générés elle aide son fils à entretenir la famille; elle renforce son épargne; et achète des fournitures scolaires pour ses petits enfants.
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