The group’s president is Bineta, age 45. In the photo, she is the one standing with a black scarf on her shoulder. Bineta is married with four children, two boys and two girls. Her business activities are small trade and cattle fattening. During the rainy season, she also makes curdled milk.
She will use her loan to buy three heads of cattle at 25,000F each and two bags of cattle feed for 16,000F. She will also spend 9,000F on transport.
With her profits, she plans to bolster her savings to qualify for larger loans.
La présidente de ce groupe Bineta est une femme mariée de 45 ans avec 04 enfants dont 02 filles.Elle fait du petit commerce et de l'embouche.Durant la saison des pluies elle fait aussi du lait caillé. Sur la photo, elle est debout avec une écharpe noire sur l'épaule.
Avec son prêt, elle voudrait acheter 03 sujets à 25000F chacun, de l'aliment bétail(02 sacs à 16000f)et dépenser 9000f pour les frais de transport.
Avec ses bénéfices, elle va augmenter ses épargnes pour prétendre à un prêt plus élevé.
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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