Standing on the right side of the photo and raising her hand is Rocky, the 23-year-old featured borrower. She is married and the mother of 3 daughters. With the loan she received, she will buy a cow at 100 000 francs CFA and restock her boutique with various consumer goods with the rest of her loan.
The profits from her business will allow her to pay her children's school fees and the cost of their health care.
Le banc villageois dont ce groupe fait partie a été créé le 18 Septembre 2010. Il est composé de membres ayant une bonne cohésion sociale. Leur principale activité est le petit commerce.
Debout à droite de la photo et levant la main, Rocky l'emprunteur en vedette est âgée de 23 ans. Elle est mariée et mère de 03 filles.
Avec le prêt reçu, elle va acheter un boeuf à 100 000 frs et recharger sa boutique en marchandises diverses avec le reste du prêt.
Les bénéfices générés par son activité lui permettent d'assurer les frais de scolarité de ses enfants et de prendre en charge les soins de santé de ceux-ci.
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