Awa (highlighted in the attached snapshot on the top right of the photo) is the group's featured borrower. She is 42 years old, married, and the mother of four children (two boys and two girls).
She sells breakfast in her neighborhood. She has been involved in this activity for more than five years and she knows her customers very well. She buys supplies in bulk quantities.
She will use her loan to buy five 500-gram bags of locally ground coffee at a cost of 2,500 CFA francs per bag, one bag of sugar for 18,000 CFA francs, 10 kilos of black-eyed peas at a cost of 600 CFA francs per kilo, some milk and other food supplies.
The profits from her business will allow Awa to better contribute to her children's education.
Madame Awa (mise en médaillon en haut et à droite), est emprunteur vedette du groupe. Elle est âgée de 42 ans, elle est mariée et mère de 04 enfant (02 garçons et 02 filles). Elle vend le petit déjeuner dans son quartier. Cette activité, elle la pratique depuis plus de 05 ans et a une bonne maîtrise de sa clientèle. Pour ce faire elle achète en quantité.
Avec ce prêt, elle va acheter : pour le café 5 sachets de café moulu localement et conditionné dans des sachets de 500 grammes à 2 500 F CFA le paquet, un sac de sucre à 18 000 F CFA, du niébé 10 kilos à 600 F CFA le kilo, du lait et des ingrédients.
Les bénéfices de son activité lui permettront de mieux contribuer dans la scolarisation de ses 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