Maguette, the group's president, is a 26 year old married woman and mother of three children, two of whom are boys. She does business selling kitchen utensils. She buys her merchandise at the weekly market in her area and resells in the village. In the photo, she is at the far right in blue and pink.
With this loan she foresees buying 100,000 CFA francs worth of utensils and with the remainder of the money she is going to buy a sheep to prepare for Eid al-Adha, an important Muslim holiday. With the profits she would like to increase her savings in order to increase her loan. She provides for her children's needs.
Maguette, la présidente de ce groupe, est une femme mariée de 26 ans et mère de 03 enfants dont 02 garçons. Elle fait du petit commerce des ustensiles de cuisine. Elle achète ses marchandises au marché hebdomadaire de sa localité et revend dans le village.Sur la photo elle est tout à fait droite en bleu-rose.
Avec son prêt elle prévoie d'acheter une valeur de 100000f d'ustensiles et avec le reste de son argent elle va acheter un mouton pour préparer les fêtes de tabaski.
Avec ces bénéfices elle voudrait augmenter ces épargnes afin d'augmenter son prêt.Elle subvient aux besoins de ses 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