Fatou is the group leader; she is 39 years old, married, and has three children - two daughtes and one son.
She has been involved in commerce for a long time, and has good experience in the field.
With her new loan of 90,000 FCFA, she is going to buy pairs of shoes, lotion, and perfume, which she is going to sell at retail in her town.
The profits realized from her business allow her to take care of her children's school fees and also provide for her family's nutritional needs.
Fatou est la responsable, elle est âgée de 39 ans mariée et mère de 3 enfants dont 2 filles et un garçon.
Elle s'active dans le commerce depuis longtemps et dispose d'une bonne expérience .
Avec son nouveau crédit de 90000 francs cfa elle va se payer des paires de chaussures du lait de toilette et du parfum qu'elle va revendre au détail au niveau de son village.
Les bénéfices réalisés par son activité lui permettent de prendre en charge d'une part les frais de scolarité de ses enfants et d'autres part les besoins alimentaires 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