Mrs. Fatou is a 56-year old married woman. She is the mother of five: four sons and one daughter. She has been a member of this Banc Villageois since its initial loan cycle. Her group is composed of women living in the same neighborhood and maintaining friendly relations. She grows poultry and also sells incense. She has been doing this for a long time and has plenty of experience. In the photo, she is standing on the left dressed in a yellow-and-white outfit, raising her hand. Her new loan of 50,000 [West African Francs] will allow her [to buy] 110 chicks as well as incense to be retailed.
The revenues brought in by her business allow her to pay for her children’s medications in case of illness.
Madame est Fatou est une femme mariée âgée de 56 ans et mère de cinq enfants dont quatre garçons et une fille.
elle est membre du banc villageois depuis son cycle premier . Son groupe est composé de femmes qui habitent le même quartier et des quartiers environnants unis par de bonnes relations .
Elle s'active dans l'aviculture et le petit commerce d’encens depuis longtemps et dispose d'une bonne
expérience dans ce domaine. Elle est debout à gauche de la photo la main levée habillée en robe jaune avec rallure blanc. Son nouveau crédit de 50000 lui permettra de se 110 sujets et de l’encens qu'elle va revendre au détails.
Les bénéfices réalisés par son activité lui permettent de se payer des médicaments pour ses enfants en cas de maladie .
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.