This group of 22 women joined the Banc Villageois on its first cycle. They have been united by good social and professional relationships for a long time. The person in charge of the group, Penda, is a 27-year old married woman who has four children who have been entrusted to her care: two boys and two girls, all at school. She is standing on the far right of the photo with her hand raised and dressed in blue. She has had a fruit business for a long time and has good experience in this field. Her new loan of 110,000FCFA will enable her to buy sacks of oranges and groundnuts which she will sell on a retail basis on a table in front of the front door of her house which serves as a shop. The profits she makes will allow her to boost her savings so that she can maintain her business over the long term.
Ce groupe de 22 femmes a intégré le banc villageois depuis son cycle premier.
Elles sont unies par de bonnes relations sociales et professionnelles depuis longtemps.
La responsable madame Penda est une femme mariée âgée de 27 ans ayant à sa charge 4 enfants qui lui sont confiés, dont 2 garçons et 2 filles qui sont tous scolarisés.
Elle est debout à l’extrême droite de la photo la main levée habillée en bleu.
Elle s'active dans le commerce de fruits depuis longtemps et dispose d'une bonne expérience dans ce secteur.
Son nouveau crédit de 110 000 francs cfa lui permettra de se payer des sacs d'oranges et d’arachides qu'elle va revendre au détail sur la table installée devant la porte de son domicile qui fait office de boutique.
Les bénéfices réalisés lui permettront de renforcer ses épargnes dans le but de pérenniser son activité de commerce.
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.