Fatou, who is standing at the right in the photo with her hand raised, is the group's representative. She is 47 years old, married, and the mother of seven children, including three girls. She also has two other children to support. Her work is in retail commerce.
With this loan, Fatou intends to purchase smoked fish and dried fish to resell. She is also going to purchase 50 kg of peanuts to process into oil. The profits will go to fattening sheep, to providing for their children, and also to bolstering her savings.
Fatou, debout à droite de la photo et levant la main, est la représentante du groupe. Elle est âgée de 47 ans. Elle est mariée et mère de 7 enfants dont 4 filles, elle a aussi en charge 2 autres enfants. Elle fait comme activité le commerce de détail.
Avec le prêt elle compte acheter du poisson fumé et séché pour revendre. Elle va aussi acheter 50 kg d'arachide pour la transformer en huile.
Les bénéfices lui servent à faire de l'embouche ovine et aussi de soutenir ses enfants dans leurs besoins, de renforcer ses épargnes.
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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