The group leader, Khady, is a 54-year-old married mother of eight children - four sons and four daughters. She is standing all the way on the left in the photo, dressed in a large stippled green boubou with her hand raised.
She has run a business selling various items for a long time, and has good experience in this field.
Her new loan of 55,000 FCFA will allow her to buy pairs of shoes and incense, which she will resell at retail in her area.
The profits realized from this business allow her not only to take care of her children's nutritional and educational needs, but also to strengthen her savings at the local village loan fund.
Le responsable madame khady est une femme mariée âgée de 54 ans et mère de de huit enfants dont 4 garçons et 4 filles. Elle est debout à l’extrême gauche de la photo la main levée habillée d'un grand boubou vert pointillé.
Elle s'active dans le commerce de produits divers depuis longtemps elle dispose d'une bonne expérience.
Son nouveau crédit de 55000 francs cfa lui permettra de payer des paires de chaussures et de l’encens qu'elle va revendre au détails au niveau de son quartier.
Les bénéfices réalisés lui permettent de prendre en charge les besoins alimentaires et scolaires de ses enfants mais également de 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