Diarra is a 50 year old widowed woman and mother of three children, two girls and a boy. She has been a member of the village lending group since its foundation and she is united with the other members through good social and financial relations. Madame Diarra is standing up at the right of the photo with her hand raised, dressed in green and white with a white scarf. She has been active in small business and poultry farming for nearly 16 years and has good experience. Her new loan of 180,000 XOF will allow her to pay for the aforementioned merchandise and chicks, which she is going to raise and resell later.
The profits from her business will allow her to pay for her children's education and to satisfy their everyday needs for food.
Diarra est une femme veuve âgée de 50 ans et mère de trois enfants dont deux filles et un garçon. Elle est membre du banc villageois depuis sa fondation et elle y est unie avec ses camarades par de bonnes relations sociales et économiques. Madame Diarra est debout à droite de la photo la main levée habillée en tissu vert et blanc couvert d'un écharpe blanc. Elle s'active dans le petit commerce et l’aviculture depuis bientôt 16 ans et dispose d'une bonne expérience. Son nouveau crédit 180000 lui permettra de se payer de la marchandise pré citée et des poussins qu'elle va élevé et revendre plus tard.
les bénéfices de son activité lui permettent de payer la scolarité de ses enfants et de satisfaire leurs besoins alimentaires quotidiens.
About CAURIE Micro Finance
The 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.