Astou (seated, in the second row, on the far right) is the highlighted borrower. She is 43 years old, married, and mother of four boys and two girls. Her work consists of buying rolls of fabric for making sheets that will be sold for credit, with a maximum length of two months.
With this loan, she plans to buy 60 meters of fabric, 10 spools of pakistani thread, patches, and glitter.
The profit from this business will allow her to increase her savings and improve the standard of living of both her family and herself.
Madame Astou(assise en deuxième rangée à l'extrême droite)est l'emprunteuse vedette. elle est âgée de 43 ans, elle est marié et mère de 04 garçons et 02 filles. son activité consiste à acheter des coupons de tissus pour la confection de drap pour la revente à crédit pour une durée de deux mois maximum.
Avec ce prêt, elle compte acheter 60 mètres de tissus des 10 fils de bobine pakistanais du renfort et du brillant.
les bénéfices tirés de cette activité lui permettront d'augmenter son épargne et d'améliorer son niveau de vie et de sa famille.
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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