Standing to the right in the photo and raising her hand, Fatou is the featured borrower. She is 54 years old. She is married and the mother of 7 children of whom 4 are boys.
With the loan received, she is going to invest the total sum in the purchase of vegetables to resell.
With the profits generated by her business she is going to strengthen her savings and improve the living conditions of her family.
Ce groupe a été crée le 06 Juillet 2006. Il est composé de membres qui ont une bonne cohésion sociale et pratiquent comme activité le petit commerce.
Debout à droite de la photo et levant la main, Fatou est l'emprunteur en vedette. Elle est âgée de 54 ans. Elle est mariée et mère de 07 enfants dont 04 garçons.
Avec le prêt reçu, elle va investir la totalité de la somme dans l'achat de légumes pour revendre.
Les bénéfices générés par l'activité elle renforce ses épargnes et améliore les conditions de vie 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