Madam Diabou (sitting in the fourth position from right to left with one hand raised) is the featured borrower of the group. She is 32 years old, married and mother to two girls. She has a cheap restaurant at the communal market where she sells breakfast and lunch. It's a business which she has been in for more than three years.
With this new loan, she will be in a position to buy rice in fairly large quantities, namely two bags. Green beans, milk, sugar and a variety of other products are needed to prepare the dishes that she serves to customers.
The profits will allow her to participate in taking care of the needs of the family with respect to food, schooling and sanitation.
Madame Diabou (assise à la quatrième position de la droite vers la gauche avec une main levée), est l’emprunteuse vedette du groupe. Elle est âgée de 32 ans, est mariée et mère de deux filles. Elle tient une gargote au marché communale où elle vente le petit déjeuner et le déjeuner, c’est une activité qu’elle exerce depuis plus de trois ans.
Avec ce nouveau prêt, elle sera en mesure d’acheter en quantité assez importante de riz soit deux sacs, du haricot vert, du lait, du sucre et divers autres produits entrant dans le processus de préparation des mets qu’elle sert aux clients.
Les bénéfices me permettront de participer à la prise en charge des besoins de la famille en nourriture, scolarité et sanitaire.
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