This group was formed on December 26th, 2011. Its members are all women from the same town who share good social ties. The featured borrower is 51-year-old Khoudia. Khoudia is married and the mother of six children: two sons and four daughters. She is the lady standing on the far right of the photo wearing a sky-blue shawl and raising her hand.
Khoudia sells vegetables such as cabbages, fresh tomatoes, turnips, onions and carrots. She will use her loan for 80,000 francs to pay for merchandise which she will re-sell retail at the market in her neighborhood. The profits she makes from her business enable her to meet her children's nutritional, educational and health needs.
Ce groupe a été crée depuis le 26/12/2011 et il est constitué de femmes issues d'une même localité unies par des bonnes relations sociales. Son emprunteur en vedette, madame Khoudia est âgée de 51ans, elle est mariée et mère de 6 enfants dont 2 garçons et 4 filles.
Elle est debout à l’extrême droite de la photo recouvert d'un écharpe bleu ciel la main levée.
Madame fait du commerce de légumes par la vente de choux,tomates fraiches navets oignons et carottes.
Avec son crédit de 80000 francs CFA elle va se payer de la marchandises pré cité pour les revendre au détail au niveau du marché de son quartier.
Les bénéfices réalisés par son activité lui permettront de prendre en charge les besoins alimentaires scolaires et sanitaires de ses enfants.
About CAURIE Micro Finance
The 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.