Fatou is the group representative. She is standing in the middle of the picture, wearing a large blue boubou and a white scarf. She is 57 years old, married and the mother of 6 children, 2 of whom are girls. She buys fabric wholesale and resells it to retail customers in her home shop. She has built up a good experience in this line of work. Her business is working well in her region, and this is why she is no longer the only one with such a business in the area. She uses her profits to support her husband with the household expenses. She is even busy with a house renovation project. She also pays for her children's education.
Fatou est la représentante du groupe, elle est debout au milieu de la photo et porte un grand boubou bleu avec une écharpe blanche. elle est âgée de 57 ans elle est marié et mère de six enfants dont deux filles.
Elle achète des tissus en gros pour les revendre en détail dans sa boutique qui se trouve chez elle.Elle a une bonne expérience dans ce domaine.Son activité marche bien dans la zone, cause pour laquelle elle n'est plus la seul à le faire.
Avec ses bénéfices elle aide son marie dans les dépenses de la maison.Elle est même en train de faire la réfection de sa maison.Elle paie aussi la scolarité de ses enfants.
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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