The member shown at the far right of the photo is the leader of the group. She is 42 years old, married, and the mother of five boys between the ages of 15 and 25 years old. Her main business is running a shop in the village. She has good experience with this type of business as she has been running it for several years.
With the loan she receives, this borrower plans to buy nine sacks of rice at 15,000f each, seven sacks of flour at 21,500f each, four 20-liter cans of oil at 17,500f each, four 5-kg sacks of vermicelli at 4,500f each, two sacks of onions at 6,500f each, and one 18-pack of bombom at 750f for the carton. Her objective is to earn enough income so that she can purchase land and provide for daily expenses.
Madame à l'extrême droite sur la photo,est responsable du groupe, elle est âgée de 42 ans, elle est mariée et mére 05 garçons, l'aîné est âgé de 25 ans et le cadet de 15 ans. Sa principale activité est le commerce, elle tient une boutique dans le village.
Elle dispose d'une bonne expérience de ce type de commerce car l'ayant pratiqué pendant plusieurs années.
Avec le financement,elle compte acheter 09 sacs de riz à 15000f le sac,07 sacs de farine à 21500f le sac,04 bidons de 20l d'huile à 17500f le bidon,04 sachets de 05kg de vermicelle à 4500f le sachet,02 sac d'oignons à 6500f le sac et 01 carton de 18 paquets de bombom à 750f le paquet.
Son objectif est de pouvoir accumuler des gains pour constituer un fonds afin d'acheter un terrain et assurer la dépense quotidienne.
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