Ms. Coumba, the group leader, is standing all the way on the right, dressed in sky blue.
She is 67 years old, married, and has five children - two sons and three daughters. Coumba has run an ice cream business for close to ten years and has good experience in this field. With her new loan of 50,000 FCFA, she is going to buy powdered milk, monkey bread, and sugar to make ice cream and sell it at retail in her area. The profits from her business allow her to take care of her children's food, school, and health needs.
Madame Coumba est la responsable elle debout à l’extrême droite de la photo habillée en uniforme bleu ciel.
Elle est une femme mariée âgée de 67 ans et mère de 5 enfants dont 2 garçons et 3 filles .Coumba fait du commerce de crème glace depuis bientôt 10 ans elle dispose d'une bonne expérience dans ce domaine .Avec son nouveau crédit de 50000 francs cfa elle v a se procurer du lait en poudre du pain de singe et du sucre pour faire de la crème et le revendre au détail au niveau du quartier. les bénéfices réalisés lui permettent de prendre en charge les besoins alimentaires scolaires et sanitaires de ses enfants.
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