Binta (in the standing row, at the far right of the photo, and raising her hand), is the group's featured borrower. She is 39 years old, married, and the mother of six children (four boys and two girls). She is actively involved in the sale of tea, sugar and other food products such as cookies and candies, which she buys in bulk quantities at the regional market.
With her new loan, Binta will buy three boxes containing ten packets of tea each, one bag of sugar and a few bags of cookies and candies.
She will use her profits to take care of her children's educational needs as well as her own needs.
Madame Binta (debout à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est âgée de 39 ans, mariée et mère de 06 enfants : 04 garçons et 02 filles. Elle s’active dans la vente de thé, de sucre et autres produits alimentaires à savoir les biscuits et bonbons qu’elle achète en gros au marché régional.
Son nouveau prêt va lui permettre d’acheter trois boîtes de 10 paquets de thé, un sac de sucre et quels que sachets de biscuits et bonbons.
Les bénéfices lui permettront de satisfaire les besoins de scolarisation de ses enfants et ses propres besoins.
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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