Fatou is the representative of the group. She is 51 years old and the mother of six children (four boys and two girls). She is standing at the far right in the photo, dressed in white and wearing a scarf on her head.
Fatou has been fattening cattle for almost six years, and she has a good experience in this field. She will use her new loan of 75,000 CFA francs to buy two sheep which she will raise for future resale.
With the profits from her business, Fatou will be able to take care of her children's nutritional and school needs. She will also be able to strengthen her savings with the Banc Villageois.
Le responsable madame Fatou est une femme mariée âgée de 51 ans et mère de 6 enfants dont 4 garçons et 2 filles.
Elle est debout à l’extrême droite de la photo habillé tout blanc avec un foulard blanc sur la tète.
Fatou fait de l'embauche bovine depuis bientôt 6 ans elle dispose d'une bonne expérience dans ce domaine . Son nouveau crédit de 75000 francs cfa lui permettra de payer deux moutons qu'elle va élever et revendre plus tard.
les bénéfices réalisés par son activité lui permettent de prendre en charges les besoins alimentaires et scolaires de ses enfants et de renforcer ses épargnes 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