Ansata Ousmane's Group
Mrs. Ansata (seated on the far right and pictured in the smaller photo below) is the star borrower of the group. She is 41 years old, married and the mother of three (one son and two daughters). She sells green tea, sugar, products of the Jumbo brand [e.g. bouillon cubes and condiments], etc. She also has been working as a farmer during the rainy season for dozens of years.
She plans to use this loan to buy five kg [11 lbs] of sugar at 650 West African francs per kg, 10 packs of green tea (with ten boxes in each) at 500 West African Francs per unit and a large quantity of condiments. The revenues from her business will allow her to build up her savings, with the goal of increasing her financing, and to help her husband provide for their children’s education.
Madame Ansata (assise à l’extrême droite et en médaillons en bas) est l’emprunteuse vedette du groupe. Elle est âgée de 41 ans, est mariée et mère de 03 enfants (01 garçon et 02 filles). Elle est vendeuse de thé vert, de sucre de Jumbo, etc. Elle pratique aussi l’agriculture durant la saison des pluies depuis plusieurs décennies.
Avec ce prêt elle compte acheter : 05 kilos de sucre à 650 FCFA le kilo, 10 paquets de 10 boîtes de thé vert à 500 FCFA l’unité, des condiments en quantité.
Les bénéfices de son activité lui permettront de consolider son épargner en vu d’accroître sa capacité de financement et de soutenir son mari dans la prise en charge de scolarité des 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