The one at the far left in the photo with her arm raised is the group's official. She is 25 years old, married, and the mother of a boy and a girl.
Her business involves selling incenses, shoes, and perfume.
With the loan money, she intends to purchase 10 bottles of perfume at 2,000 francs each, a 5-kg pot of incense at 15,000 francs, and 11 pairs of shoes at 15,000 francs.
The profits will enable her to reinvest, increase her savings, and help cover day-to-day expenses.
Celle qui se trouve à l'extrême gauche de la photo et levant le bras,est la responsable du groupe,elle est âgée de 25 ans,elle est mariée,mére d'un garçon et d'une fille.
Son activité est le commerce de l'encens,des chaussures et de parfum.
Avec l'argent du financement,elle compte acheter 10 bouteilles de parfum à 2000f l'unité,un pot de 5kg d'encens à 15000f l'unité et 11 paires de chaussures à 15000f.
Les bénéfices lui permettront de réinvestir,d'augmenter son épargne et de participer aux dépenses quotidiennes.
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