Khady is the leader of the group. She is 65 years old, married, and a mother of six children. She sells smoked fish and vegetables and also raises cattle. She is standing on the right [of the photo] covered in a beige shawl raising her hand.
With this loan, she hopes to buy baskets of smoked fish and vegetables to resell, so she can make a lot of profit and also add some cows to her herd.
She re-uses her earnings to maximse her profits and to increase her savings.
Madame Khady la responsable est âgée de 65 ans, elle est mariée mère de 6 enfants. Elle mène une activité de commerce de poissons fumés et de légumes, fait parallèlement de l'embouche bovine. Elle est debout à droite couverte d'un châle beige et a levé la main gauche.
Elle compte avec son prêt acheter des paniers de poissons fumés et des légumes à revendre pour se faire beaucoup de revenus; et aussi des bœufs pour augmenter son troupeau.
Elle recycle ses bénéfices pour maximiser ses profits et renforcer son épargne.
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