The person on the far right of the photo with her hand raised, is the leader of the group, she is 29 and married with seven children.
Her activity is the sale of vegetables and groundnuts, she has much experience in this business as she has been doing it since she was young.
With her loan she plans to buy 20000f worth of groundnuts and 175000f worth of vegetables.
Her aim is to pay the school fees for her children and increase her savings.
Celle qui se trouve à l'extrême droite sur la photo et levant le bras,est la responsable du groupe,elle est âgée de 29 ans,elle est mariée et mére de 07 enfants.
Son activité est le commerce de légumes et d'arachide,elle a une bonne expérience pour ce type d'activité pour l'avoir pratiqué depuis sa jeunesse.
Avec son prêt,elle compte acheter de l'arachide pour une valeur de 20000f et des légumes pour une valeur de 175000f.
Son objectif est d'assurer la scolarité de ses enfants et augmenter 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