This group consists of women who live in the same neighborhood; their main business is retail. Anta, the featured borrower, is the leader of the group. She is 32 years old, widowed and mother to five children. She is standing to the right in the photo and has raised her left hand. She manages a small retail business selling a variety of merchandise and capitalizes on good experience of more than 6 years. With her loan she plans to buy baobab fruit, 2 bags of sugar at 23,000 F each, 2 basins of dried sorrel flowers at 3,000 F each, tamarind, 50 kg of ginger for transformation into juice and ice cream. With her profits she saves at the level of the "banc villageois", manages her family, and ensures the schooling and the health of her children.
Ce groupe est constitué de femmes qui habitent le même quartier; elles ont comme principale activité le commerce. Anta l'emprunteur en vedette est la responsable du groupe, elle est âgée de 32 ans, veuve et mère de cinq enfants. Elle est debout à droite sur la photo et a levé la main gauche. Elle mène une activité de petit commerce de diverses marchandises et capitalise une bonne expérience de plus de 6 ans. Avec son prêt elle compte acheter du pain de singe , 02 sacs de sucre à 23000F l'un ,02 bassines de fleur d'oseilles séchés à 3000f l'un, du tamarin, 50Kg de gingembre pour la transformation en jus,en crème glace. Avec ses bénéfices elle épargne au niveau du Banc Villageois, gère sa famille, assure la scolarité et la santé de ses enfants.
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.