Sokhna, standing on the right of the photo and raising her hand, is 73 years old. She is married and the mother of 7 children, 1 boy and 6 girls. Her main business is retail, a line of work she has been in for around 20 years. She plans to use this loan to buy bags of cabbages, carrots and aubergines, so that she can strengthen her vegetable-selling business. She will use the remainder of the money to buy 2 bags of second-hand clothing which she will sell at the weekly markets. The profits she makes enable her to increase her savings and meet her family's needs.
Sokhna, debout à droite de la photo et levant la main est âgée de 73 ans. Elle est mariée et mère de 07 enfants dont 01 garçon et 06 filles. Sa principale activité est le commerce, activité qu'elle pratique cela fait environ 20 ans.
Avec le prêt, elle compte acheter des sacs de choux, de carottes et d'aubergine pour renforcer son commerce de légumes et avec ce qui reste de l'argent, elle va acheter 02 sacs de friperie qu'elle va écouler dans les marchés hebdomadaires.
Les bénéfices lui permettent de renflouer son épargne et de 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