They are united by good social and professional relations.
Maguatte is the featured borrower; she is 49 years old, married, and has six children, three of whom are boys.
She is standing all the way on the left in the photo, dressed in a large dyed boubou with her hand raised. Maguatte has run a business selling fresh and smoked fish for almost ten years, and has gained good experience in this field.
Her new loan of 70,000 FCFA will allow her to buy baskets of fresh fish, which she is going to sell at retail at the fishing dock in her area.
The profits earned will allow her to take care of the nutritional, educational, and health needs of her children and strengthen her savings in the local village loan fund.
Elles sont unies par de bonnes relations sociales et professionnelles.
Maguatte est l'emprunteur en vedette, elle est âgée de 49 ans mariée et mère de 6 enfants dont 3 garçons.
Elle est debout à l’extrême gauche de la photo habillé en grand boubou teintés la main levée. Maguatte fait du commerce de poissons frais et fumés depuis bientôt dix ans elle dispose d'une bonne expérience dans ce domaine.
Son nouveau crédit de 70000 francs cfa lui permettra de se payer des paniers de poissons frais qu'elle va revendre au détails au niveau du quai de pèche de sa localité.
Les bénéfices réalisés lui permettent de prendre en charges les besoins alimentaires scolaires et sanitaires de ses enfants et de renforcer ses épargne au niveau du banc villageois.
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