Marame, standing in the picture and raising her hand, is 60 years old. She is married and the mother of 3 dependent children. With the loan she receives, she plans to buy 2 or 3 20-litre cans of oil, according to her means, to resell in her village. She also has parallel businesses, such as the sales of vegetables and beauty products during the dry season. The profits generated by her businesses allow her to build up her savings and to take care of her grand-children when they are sick, and cover their educational expenses.
Maréme âgée de 60 ans est debout sur la photo en lavant la main. Elle est mariée et mère de 03 enfants en charge.
Avec le prêt reçu elle envisage d'acheter 2 à 3 bidons d'huile de 20 litres selon ses possibilités qu'elle revend dans le village. A noter qu'elle mène d'autres activités parallèle comme la vente de légumes et de produits cosmétiques en période de saison sèche.
les bénéfices lui permettent de renforcer son épargne et d'entretenir ses petits enfants en cas de maladie et pour leur scolarité.
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