Mrs. Dialo (sitting at the far right in the photo with her hand raised) is the featured borrower for the group. She is a 60-year-old married mother of five children, three boys and two girls.
She has been a market gardener for over three years. She buys seeds to grow onions, peppers and tomatoes which she sells at various weekly markets in the area.
She can finance her market gardening activity with 50,000F Cfa. She often ends up with a net profit of 30,000F Cfa after deducting all her expenses.
The profits earned through this activity will allow her to take over part of the daily expenses.
Madame Diola (assise à l’extrême droite dans la photo avec une main levée) est emprunteur vedette du groupe, âgée de 60 ans, elle est mariée et mère de 05 enfant (03 garçon et 02 filles).
Elle s’active dans le maraichage. Elle achète de la semence d’oignon, piment, tomate, ces produits récoltés sont écoulés dans les différents marchés hebdomadaires de la région. Une activité qu’elle fait depuis plus de 3ans.
- Pour une somme de 50 000F Cfa elle parvient à financer son projet de maraichage.
Elle se retrouve souvent avec un bénéfice net de 30 000F Cfa après déduction de toutes ses charges.
Les bénéfices de son activité lui permettront de prendre en charge une partie de la dépense quotidienne.
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