Aminata (sitting on the right) is the featured borrower of the group. She is 66 years old, married and the mother of 7 boys and 3 girls. She plays a crucial role in the "banc villageois" and provides a very positive influence. She is very highly valued by the group members. She has a diversified business which is centred on clothing, beauty products and other women's accessories. She has been running her business for several years. She plans to use this new loan to strengthen her business by buying some boxes of artificial hair, commonly called extensions, and body lotion wholesale. She plans to use the profits to fix up her home.
Madame Aminata (assise à droite) est l’emprunteuse vedette du groupe. Elle est mariée et mère de sept garçons et de trois filles et est âgée de 66 ans. Elle joue un rôle très déterminant dans le banc villageois, d’une influence très positive, elle est très appréciée par les membres du groupement. Elle a une activité très diversifiée axée sur l’habillement, les produits cosmétiques et autres accessoires femmes. Cette activité, elle la pratique depuis plusieurs années.
Avec ce nouveau prêt elle va renforcer son commerce par l’achat en gros de cartons de cheveux artificiels communément appelé «mèche » quels que cartons de lait de beauté.
Avec les bénéfices elle compte réfectionner sa maison.
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