Maguette, the group's president, is 42 years old. She is a married mother of six children, including three girls. She is active in the small-scale commerce of cosmetic products. In the photo, she is standing at the far right, dressed in a 'wax' cloth outfit, and holding a handbag in her right hand.
She goes to Dakar to stock up on (perfume, skin lotion, …) and resells in Sakal.
She intends to purchase goods worth 150,000 francs, which includes personal contributions of 80,000 francs.
The profits have enabled her to help with family expenses (food, the children's school costs, day-to-day expenses…); bolster her business; and resolve her personal needs.
La présidente Maguette est âgée de 42 ans, elle est mariée mère de six enfants dont trois filles. Elle s'active dans le petit commerce de produits cosmétiques. Sur la photo elle est debout tout à fait à droite habillée en wax et tenant une pochette dans la main droite.
Elle se rend à Dakar pour s'approvisionner en(parfum,lait de beauté......) et revend à Sakal.
Elle compte acheter pour une valeur totale de 150000 F en amenant son apport personnel de 80000F.
Les bénéfices réalisés lui ont permis de contribuer aux charges familiales( nourriture,scolarité des enfants, dépenses quotidiennes....);de renforcer son commerce et de résoudre ses besoins personnels.
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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