This group was created on December 3, 2007. It is made up of women who live in the same village and its environs. As a business, they mainly sell clothing. Anta, 37 years old, is married and mother of six children (four boys and two girls). She is standing up in the photo and raising her left hand. WIth the loan, she counts on buying clothing that she will resell to customers in the nearby villages. She works selling cowpeas and beans and has been in this business for six years. The profits will allow her to take care of her family since her husband is in Italy.
Ce groupe est créé depuis le 03 décembre 2007 Il est composé par des femmes qui habitent le même village et aux alentours.Elles font comme activité principale le commerce d'habits .Anta âgée de 37 ans est mariée et mère de 6 enfants dont 04 garçons et 02 filles. Elle est debout sur la photo et levant la main gauche.Avec le prêt reçu elle compte acheter des habits qu'elle revend auprès de ses clients dans les villages environnants, elle s'active dans le commerce de niébé d'arachide, des haricots elle mène cette activité depuis 06 ans. Les bénéfices lui permettent de prendre en charge la famille puisque son mari est en Italie.
About CAURIE Micro Finance
The 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.