Satou, the featured borrower, is the lady sitting on the right of the photo with her hand raised. She is 22 years old, single, and doesn't have any children.
Satou will use her loan to buy groundnut seeds for 60,000 francs. She will re-sell these and make profits which will help her to strengthen her savings.
Le banc villageois qui abrite ce groupe a été crée le 08 Juin 2011. Les femmes qui le composent ont une bonne cohésion sociale. Le petit commerce reste leur principale activité.
Assise à droite de la photo et levant la main, Satou l'emprunteur en vedette est âgée de 22 ans. Elle est célibataire sans enfant.
Elle fait un petit commerce de graine d'arachide
Avec le prêt reçu elle va acheter des graines d'arachide pour 60 000 frs et revendre en faisant des bénéfices lui servant à renforcer ses épargnes.
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