Adèle is the group's featured borrower. She is the one standing on the right of the picture with her hand raised. She is 57 years old, married and the mother of 2 boys. She also has an adopted daughter in her charge.
Adèle plans to buy a quantity of myrrh worth 45 000 francs (50 litres at 900 francs per litre) and pay 5 000 francs for the transportation to Dakar. She will resell it at 2 500 francs per litre. She plans to use the profits generated by her business to help her husband take care of the children's education, health and food expenses.
Mme Adèle est l'emprunteur en vedette du groupe. Sur la photo, elle est debout à droite avec la main levée. Cette dame est âgée de 57 ans, mariée et mère de 02 garçons. Elle a également une fille adoptive en sa charge.
Mme Adèle compte acheter de la mire pour une valeur de 45.000 frs (50 litres à 900 frs l'unité) et payer 5.000 frs pour le transport sur Dakar. Elle les vend à 2.500 frs le litre.
Avec les bénéfices de son activité, elle compte aider son époux à la prise en charge des enfants, pour la scolarité, la santé et la nourriture.
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