The manager, Mrs. Mame Diarra, is a married woman aged 41 and a mother of three children: two boys and one girl. She is standing at the far right of the photo, raising her hand and wearing a red dress.
She has been active in the vegetable retail business for a long time and has good experience in this field. With her new credit loan of 25,000 FCFA she will buy bags of vegetables to resell at retail prices at her village's small market.
Profits from her activities will enable her to manage school supplies and tuition fees for her children, and save at the "banc villageois".
La responsable madame Mame Diarra est une femme mariée âgée de 41 ans et mère de 3 enfants dont 2 garçons et 1 fille.
Elle est debout à l’extrême droite de la photo, la main levée et vêtue d'une robe rouge .
Elle s'active dans le commerce de légumes depuis longtemps et dispose d'une bonne expérience dans ce domaine.
Avec son nouveau crédit de 25.000 francs cfa elle va acheter des sacs de légumes pour les revendre en détail au niveau du petit marché de son village.
Les bénéfices tirés de son activité lui permettent de prendre en charge les fournitures et frais scolaires de ses enfants et d'épargner au niveau du banc villageois.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
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