This group has been in existence since 13th December 2008 and is made up of 20 members who all know each other and are related. Mbène, who is 38 years old is married and has six children (three girls and three boys); she is standing on the left of the photo with her hand raised. With this loan she is going to buy "niébe" beans, groundnut, "bissap" (a refreshing drink made from hibiscus flowers) and millet, which she will resell at the weekly markets. She has been carrying out this business for several years.
The profits she makes will allow her to improve her family's living conditions by helping out her husband with the family expenses, particularly health and schooling costs.
Ce groupe existe depuis le 13 décembre 2008. Il est composé de 20 membres qui se connaissent et entretiennent des liens de parenté.
Mbène, âgée de 38 ans, debout à gauche de la photo et levant la main, est mariée et a 06 enfants dont 03 filles et 03 garçons. Avec le prêt, elle va acheter du niébé, de l'arachide, du bissap et du mil qu'elle va revendre dans les marchés hebdomadaires. Elle mène cette activité depuis plusieurs années.
Les bénéfices générés lui permettent d'améliorer les conditions de vie de sa famille en aidant son mari dans les charges familiales surtout dans le domaine de la santé et de la scolarité.
About CAURIE Micro Finance
The 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.