Sitting to the right in the photo, Aïssatou is the featured borrower and is 55 years old. She is a widow and mother to 8 children of whom 6 are girls and 2 are boys.
With the loan she received, she is buying fish at 5,000 frs per basket and mil [African cereal] at 150 frs per kg. She is going to resell retail for 7,500 frs per basket of fish and 250 frs per kg of mil in her town.
She strengthens her business with one part of the profits generated by her business, and improves the living conditions of her family with the other.
Ce groupe de solidarité faisant partie du Banc Villageois de Ngokol a été crée le 13 décembre 2008. Il est composé de membres habitant la même localité et exerçant toutes la même activité qu'est le petit commerce de détail.
Assise à droite de la photo, Aïssatou la vedette est âgée de 55 ans. Elle est veuve et mère 08 enfants dont 06 filles et 02 garçons.
Avec son prêt reçu, elle achète du poisson à 5000 frs le panier et du mil à 150 frs le kg et va revendre à 7500 frs en détail le panier et à 250 frs le kg de mil dans sa ville.
Avec les bénéfices générés par son activité, elle renforce l'activité avec une partie et l'autre améliore les conditions de vie de sa progéniture.
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