Mrs. Sira, dressed in yellow and raising her hand, is the leading entrepreneur of the group. She is 38 years old and married. She is in the business of selling fresh vegetables and smoked fish. She has more than ten years of experience with this type of work. With this loan, she plans to buy sacks of different types of vegetables for 100,000, and baskets of smoked fish for 350,000 frs. The rest of the loan will pay transportation and various other expenses.
With income generated from her work, Mrs. Sira plans to increase her savings and to assist her husband with paying family expenses.
Mme Sira, habillée en jaune et levant la main, est l'emprunteur en vedette du groupe. Elle est mariée et âgée de 38 ans. Elle s'active dans la vente de légumes frais et de poissons fumés. Elle a plus de 10 ans d'expérience dans ce secteur. Avec ce prêt, elle compte acheter des sacs de différentes légumes pour une valeur de 100.000 et des paniers de poissons fumés d'une valeur de 350.000 frs. Le reste du prêt lui servira de transport et autre frais divers.
Avec les revenus générés par son activité, Mme sira compte augmenter son épargne et appuyer son époux dans la gestion des charges familiales.
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