This group was set up during the Banc Villageois' first cycle and comprises 15 women from the same village who are united by good social and professional relations. The person in charge of the group, Kène, is standing on the far right of the photo with her hand raised and wearing a large pink boubou. She is 43 years old, married and mother to four children: one girl and three boys. She has been active in the animal fattening business for a long time and has good experience. With her new loan of 200,000FCFA she is going to buy sheep which she will raise and resell at her town's weekly markets. The profits she makes will enable her to provide for all her family's food, schooling and health needs and boost her savings at the Banc Villageois.
Ce groupe a été crée depuis le premier cycle du banc villageois, il regroupe 15 femmes du même village unies par de bonnes relations sociales et professionnelles.
La responsable madame Kène est debout à l’extrême droite de la photo, la main levée et habillée d'un grand boubou rose. Elle est âgée de 43 ans mariée et mère de 4 enfants dont 1 fille et 3 garçons.
Elle s'active dans l'embouche depuis longtemps et dispose d'une bonne expérience.
Avec son nouveau crédit de 200 000 francs cfa elle va acheter des moutons qu'elle va élever et revendre au niveau des marchés hebdomadaire de sa localité.
Les bénéfices réalisés lui permettront de prendre en charge les besoins alimentaires scolaires et sanitaires de toute sa famille et de renforcer ses épargnes au niveau du banc villageois.
About CAURIE Micro Finance
The 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.