Satou, standing up at the right of the photo with her hand raised, is 57 years old. She is a widow and has five children, two of whom are girls. As a business, she sells fish and vegetables.
The loan will allow her to buy fish and vegetables. It should be noted that she works with her son who has a truck and who transports livestock feed. She will give the remaining money to her son so that he can run his business.
The profits generated will be used to reinforce her savings and take care of her family's needs.
Satou, debout à droite de la photo et levant la main, est âgée de 57 ans. Elle est veuve et a en charge ses 5 enfants dont 2 filles. Elle fait comme activité le commerce de poisson et de légumes.
Le prêt reçu lui permet d'acheter du poisson et de légumes. A noter qu'elle travaille avec son fils qui détient un camion et qui transporte de l’aliment de bétail. Elle donne le reste de l'argent à son fils pour qu'il puisse mener aussi son activité.
Les bénéfices générés servent à renforcer ses épargnes et prendre en charge les besoins de la famille.
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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