Ms. Diariatou (standing to the far right with her hand raised) is the star borrower of the group. She is married and the mother of five children, of which two are girls. She got started in the sale of fabrics and other articles of clothing. She gets her merchandise at the market in the central regions or in the capital, to resell it for credit in two monthly installments. With this new loan, she expects to buy children's clothing by the dozen to resell individually at retail. With the profits she wants to participate in a significant way to taking care of her family's needs.
Madame Diariatou (debout à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle mariée et mère de 05 enfants dont deux filles. Elle s’active dans la vente de tissus et autres articles vestimentaires. Elle se procure la marchandise au marché dans les régions du central ou à la capitale, pour la revente à crédit en deux mensualités.
Avec ce nouveau prêt, elle compte acheter des habits pour enfants par douzaines pour la revente au détail par unité.
Avec les bénéfices, elle désire participer de manière significative à la prise en charge des besoins de la 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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