Ms. Dialang (sitting at the far right with her right hand raised) is the featured borrower. She is 48 years old, married, and the mother of three girls and a boy. She joined this group because the women in it are hard-working. She sells condiments and a variety of grocery items at the commune's market, and she makes trips as needed to weekly markets in the area.
With her new loan, she intends to bolster her business' financial capacity by purchasing large amounts of bouillon cubes and other seasonings.
The profits will enable her to improve her family's living conditions and to increase her level of savings, so as to benefit from larger loan in the future.
Madame Dialang (assise à l’extrême droite avec la main droite levée) est l’emprunteuse vedette. Elle âgée de 48 ans, mariée et mère de trois filles et d’un garçon. Elle a adhéré à ce groupe car les femmes y sont travailleuses.
Elle vend des condiments et divers produits alimentaires dans le marché de la commune et elle effectue au besoin des déplacements dans les marchés hebdomadaires de la zone.
Avec son nouveau prêt elle compte renforcer sa capacité de financer son activité par l’achat en quantité de bouillons et autres assaisonnements.
Les bénéfices lui permettront d’améliorer les conditions de vie de sa famille et d’accroître son niveau d’épargne pour bénéficier de prêts plus important dans le futur.
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