Elisabeth Siga's Group
Élisabeth, age 50, is a widow and the mother of six children with an additional seven children in her care. She takes care of her family alone, without any support.
She is involved in retail and sells fish at the market.
Élisabeth will use her loan to buy 10 crates of fish. The type of fish she buys depends on what is available on the market.
With the profits from her activity, Élisabeth is able to feed her family and to cover school fees for her children. She has also been able to strengthen her savings and to pay her interest thanks to her small retail activity.
Élisabeth, âgée de 50 ans, est veuve et mère de 6 enfants et 07 autres en charge. Elle s'occupe elle même de sa famille car n'ayant pas de soutien. Elle fait du petit commerce, vente de poissons au marché.
Avec le prêt reçu elle va acheter 10 casiers de poissons cela dépend des catégories qu'on trouve sur le marché.
Les bénéfices de son activité lui permettent d'assurer la nourriture de la famille, de prendre en charge la scolarité de ses enfants.Elle a pu aussi renforcer ses épargnes et payer ses intérêts grâces à son activité de petit commerce
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