Mame Bousso's Group
Standing to the right of the photo and raising her hand, the featured borrower Fatou is 50 years old. She is married and mother to 5 children.
Once she receives her loan, she is going to buy dyed fabric in the sub-region and come back to resell it in her neighborhood.
With the profits generated by this business, she is developing her business and ensures the care of her offspring.
Debout à droite de la photo et levant la main, la vedette Fatou est âgée de 50 ans, elle est mariée et mère de 5 enfants.
Son prêt reçu, elle va acheter des tissus teintés dans la sous-région et revenir revendre dans sa localité.
Avec les bénéfices générés par l'activité, elle développe son activité et assure la prise en charge en charge de sa progéniture.
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