Ms. Astou, the featured borrower of the group, is 29 years old. She is married and the mother of a girl. Ms. Astou has a business selling shoes and handbags with over ten years of good experience. In the photo, she is the one standing at the far right dressed in a multi-colored Wax cloth outfit, and her left hand is raised.
She purchases her goods in the big cities to resell them in her town.
Her loan will serve to supply her with shoes and handbags amounting to 65,000 francs CFA, so as to make more income.
With her profits, she ensures that her daughter's schooling costs are covered, and she helps out her husband in meeting family expenses.
Madame Astou l'emprunteur en vedette du groupe est âgée de 29 ans, elle est mariée mère d'une fille; elle mène une activité de commerce de chaussures et sacs avec une bonne expérience de plus de dix ans. Sur la photo elle est debout à droite à l'extrême vêtue en wax multicolore et a levé la main gauche.
Elle achéte ses articles dans les grandes villes pour revendre dans sa localité.
Son prêt lui servira à acheter des chaussures et sacs pour une valeur de 65000 F afin de se faire plus de revenus.
Avec ses bénéfices elle assure la scolarité de sa fille et aide son mari dans la prise en charge de la 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