Aïssatou, in the second row on the far right with her hand raised, is the group's leader. She is a 33-year-old married mother of five children, four boys and one girl. She sells various products: tea, sugar, candy, biscuits and cigarettes, which she buys in bulk at region's central market to sell in the village.
With her new loan, she intends to buy two different boxes of tea for 8,000 FCFA, one bag of sugar for 22,500 FCFA, and five cartons of cigarettes for 4,500 FCFA. The profits will assist her husband in providing for their children's education and daily expenses.
Madame Aïssatou (assise à l’extrême droite dans la deuxième rangée levant la main), est la responsable du groupe. Elle est âgée de 33 ans. Elle est mariée et mère de 5 enfants dont 01 fille. Elle est vendeuse de divers produits : thé, sucre, bonbons, biscuits et cigarette qu’elle achète en gros au marché central de la région. Pour revente au détail dans son village.
Avec son nouveau prêt, elle compte acheter : 02 cartons de thé de deux marques différentes à 8 000 F CFA, 01 sac de sucre à 22 500 F CFA et 05 grosses de cigarette à 4 500 la grosse.
Les bénéfices réalisés serviront à soutenir son mari dans la prise en charge de la scolarité des enfants et de la dépense quotidienne.
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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Success!! The loan was 100% repaid