Ms. Maïmouna (standing all the way on the right with her hand raised) is the featured borrower of the group. She is married and has three children, two of whom are girls. She buys fresh vegetables and other condiments at the weekly market for resale in the village.
Her new loan will allow her to buy condiments in bulk and better ensure her supply of fresh vegetables.
With the profits, she intends to better support her husband in providing for the family, specifically her children's education and health.
Madame Maïmouna (debout à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est mariée, est mère de trois enfants dont deux filles. Elle achète au marché hebdomadaire des légumes frais et autres condiments pour la revente au village.
Son nouveau prêt lui permettra d’acheter en quantité des condiments et de mieux assurer son approvisionnement en légumes frais.
Avec les bénéfices elle compte mieux soutenir son mari dans les charges de la famille : éducation et santé 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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Success!! The loan was 100% repaid