Khady, 59 years old, is standing at the right with her hand raised in the photo. She is a married mother of one child, who is 20 years old. Khady's main work involves commerce. With this loan, she intends to purchase shoes for children and adults. She is purchasing 20 pairs of adult shoes at 1,500 francs a pair and 15 pairs of children's shoes at 900 francs a pair.
With the profits, she plans to increase her savings to fend off certain eventualities and also to meet the needs of her family.
Khady, âgée de 59 ans, debout à droite de la photo et levant la main est mariée et mère d'un enfant de 20 ans. Sa principale activité est le commerce. Avec le prêt, elle compte acheter des chaussures pour enfants et adultes. Elle achète pour 20 paires de chaussures adultes à 1500 F la paire et 15 paires de chaussures enfants à 900 F la paire.
Avec les bénéfices, elle compte augmenter son épargne pour parer à certaines éventualités et aussi pour subvenir aux besoins de sa famille.
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