The group leader, Adama, is standing on the far right of the photo, dressed in a large yellow bou bou and raising her hand. She is 48 years old, married and the mother of 10 children. She also has 5 more children placed in her care. Adama has been selling ice cream for a long time. Her new loan of 105,000 francs will allow her to buy powdered milk, sugar and vanilla with which to make ice cream for resale to a retail clientèle. The profits generated by her business will enable her to take care of her children's food, education and health needs.
Le responsable madame Adama est debout à l’extrême droite de la photo la main levée habillée en grand boubou jaune.
Elle est âgée de 48 ans mariée et mère de 10 enfants et 5 autres qui lui sont confiés.
Adama fait du commerce de vente de crèmes glacées depuis longtemps.
Son nouveau crédit de 105.000 francs cfa lui permettra de se procurer du lait en poudre, du sucre et de la vanille pour faire de la crème et la revendre au détail .
Les bénéfices tirés de son activité lui permettront 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