This group is made up of women from the same village, who are united by good neighborly ties. Ms. Amy is a 54-year-old married woman and the mother of 5 children, three of whom are boys and two of whom are girls. She also has three granddaughters, who are all in school. She is the leader of said group, which was founded during the banc's first loan cycle and is made up of women from the village, united by good social and professional relations. She started in the grain business through the sale of millet and black-eyed peas. With her new loan of 500000 francs CFA, she is going to buy 40 bags of millet at 400000, and with the rest, bags of black-eyed peas at 100000. The profits she makes help her to take care of her family's dietary needs and her grandchildren's school fees.
Ce groupe est composé de femmes du même village unies par de bons liens de voisinage.
Madame Amy est une femme mariée âgée de 54 ans et mère de 5 enfants dont 3 garçons et deux filles et de trois petites filles toutes scolarisées.
Elle est le responsable du dit groupe fondé depuis le cycle premier du banc et constitué par de femmes du village unies par de bonnes relations sociales et professionnelles.
Elle s'active dans le commerce de céréales par la vente de mil et de niébé.
Avec son nouveau crédit de 500000 francs cfa elle va acheter des 40 sacs de mil à 400000 et le reste des sacs de niébé à 100000.
Les bénéfices réalisés l'aide dans la prise en charge des besoins alimentaires de la famille et des frais scolaires de ses petits enfants.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
About CAURIE Micro Finance
The 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.