The group's leader, Fatimata Ousmane, is a 64-year-old married woman. She takes care of one of her children, as well as five other children.
Fatimata Ousmane is involved in small retail business. She sells groundnut, beans, millet etc.. She stocks up at the Guéoul market on Mondays and Thursdays. In the photo, she is standing on the right-hand side, raising her left hand.
With her loan, she will buy various goods, which will help her to boost her profits. She will also purchase a sheep for fattening up.
She uses her profits to support her husband in taking care of the family expenses. Thanks to her profits, she also saves some money and hopes to reach financial autonomy.
La présidente du groupe, Fatimata Ousmane, est une femme mariée de 64 ans. Elle a un de ses enfants et cinq autres en sa charge. Elle fait du petit commerce. Elle vend de l'arachide, haricot,du mil etc... Elle s'approvisionne au marché de Guéoul les lundi et jeudi. Sur la photo, elle est à droite et a levé sa main gauche.
Avec son prêt, elle voudrait acheter des marchandises pour accroître ses bénéfices et un mouton pour embouche.
Avec ses bénéfices, elle aide son mari pour les charges familiales et épargne pour atteindre une autonomie.
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