Ms. Adama, (sitting at the far right with her hand raised) is the group's representative. She is 33 years old, married, and the mother of three children, including one boy. She is active in selling grocery items that she purchases at the communal market to supply her stall in the village.
With this new loan, she intends to purchase: a 50-kg sack of sugar, 2 or 3 boxes of tea, and a variety of other grocery items.
The profits from her work will enable her to increase her savings and to help her husband to meet the needs of the family.
Madame Adama (assise à l’extrême droite avec une main levée), est la représentante du groupe. Elle âgée de 33 ans, est mariée et mère de trois enfants dont un garçon. Elle s’active dans la vente de produits alimentaires qu’elle achète dans le marché communal pour alimenter son étale au village.
Avec ce nouveau prêt elle compte acheter : un sac de sucre de 50 kilos, deux à trois cartons de thé et divers autres produits alimentaires.
Les bénéfices qui découleront de ces activités lui permettront d’augmenter son épargne et d’aider son mari dans 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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Success!! The loan was 100% repaid