Ms. Fatou is the featured borrower. In the photo, she is the one standing at the right with her hand raised. She is a widow, 58 years old, and the mother of six children (four girls and two boys), from 9 to 20 years old. With this loan, she is going to provide a boost to her store, which is managed by her son. The profits will be used to take better care of her children.
Mme Fatou est l'emprunteur vedette et sur la photo, elle est debout à droite avec la main levée. C'est une femme veuve âgée de 58 ans et mère de 06 enfants (04 filles et 02 garçons) âgés entre 20 et 09 ans.
Avec ce prêt elle va renforcer sa boutique qui est gérée par son fils. Les bénéfices serviront à une meilleur prise en charge de ses 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