Mrs. Khady is a 52-year old married woman. She has five children and two nephews. She has been a member of the “banc villageois” since its creation in 2002. She maintains good social and economic ties within her community. In the photo, she is standing on the right, raising her hand, dressed in a beige and maroon outfit with a flower pattern. Khady has been selling fabrics and ready-to-wear clothing. With her new loan of 40,000 West African Francs, she will purchase fabric and use it o make outfits for sale in her village. Her revenues allow her to help her husband with family expenses by covering the cost of education and clothing for her children.
Madame Khady est une femme mariée âgée de 52 ans et mère de 5 enfants et 2 neveux.Elle est membre du banc villageois depuis sa création en 2002.Elle entretienne de bonnes relations sociales et économiques avec ses camarades .Elle est debout à droite de la photo la main levée et habillée en tissu fleurette beige marron.Khady s'active dans le commerce de tissus et prêt a porter.Avec son nouveau crédit de 400000 francs CFA elle va acheter des tissus qu'elle va coudre et revendre au détail au niveau de son village.
Les bénéfices lui permettent d'aider son mari dans les charges familiales en payant les frais de scolarités et l'habillement de ses enfants.
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.