Pc2 Thieo Group
Adama was born on the 31st of December 1971, is married and is the mother of 5 boys. Her eldest son is 20 years old. She sells curds; she buys the milk from the shepherds of the village and makes it into curds which she then puts into pots, worth 1000 francs each, and sells in town. She uses her profits to build up her savings in the banc villageois so that she can eventually achieve financial autonomy. She is on the far right of the picture, dressed in orange and black wax print fabric.
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