Mariama, who is standing on the far right of the photo and in the inset towards the bottom right, is the star borrower of this group. She is 43 years old, married and mother to a girl and four boys. She is very enthusiastic and attends the weekly markets where she buys and sells palm oil as well as other farmed products.
Her new loan will enable her to buy a fairly substantial quantity of containers of palm oil to resell on a retail basis. With the profits she is planning to improve her family's living conditions.
Madame Mariama (debout à l’extrême droite et en médaillon vers le bas) est l’emprunteuse vedette de ce groupe. Elle est âgée 43 ans, elle est mariée et mère d’une fille et de quatre garçons. Elle est très enthousiasme, elle fréquente les marchés hebdomadaires où elle achète et revend de l’huile de palme et autres produits agricoles.
Son nouveau prêt lui permettra d’acheter une quantité assez importante de bidons d’huile de palme pour la revente au détail.
Elle compte avec les bénéfices améliorer les conditions de vie de sa famille.
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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