Diakhou, the group’s representative is 45 years old. She is married with five children, three of whom are daughters. She cooks food for sale. On the phot, she is on the left dressed in a blue outfit. She plans to stock up on basic food products (rice, oil, vegetables etc). She sells cooked dishes at midday and in the evening. This loan of 400,000 West African francs will allow her to grow her financial capacity in order to better manage her food business and meet her customers’ expectations while increasing her revenues. The revenues will mainly be used to improve life conditions of her family and pay for the healthcare and school expenses of her children.
La représentante Diakhou, est âgée de 45 ans. Elle est mariée elle est mère de 5 enfants dont 3 filles. Elle est restauratrice et sur la photo elle est à gauche vêtue de bleu.
Elle compte acheter des denrées en quantité (riz,huile, légumes.....)Elle vend des repas à midi et le soir.
Ce prêt de 400000 F CFA va lui permettre d'augmenter sa capacité financière pour mieux développer son action de restauration et satisfaire les clients et ainsi se faire plus de revenus qu'avant.
Les bénéfices générés serviront en grande partie à améliorer les conditions de vie de la famille; la santé et la scolarité des 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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