Ms. Hawa (seated at the right with her left hand raised) is the featured borrower of the group. She is a widow and a mother of seven children, including four boys. Despite her advanced age, she remains very helpful in the group, since she acts as the group's sage and advisor. Her business involves selling soap, powdered sugar, and various other supplies, and she sells kerosene for home use. She has had this business for over two decades.
Her new loan will enable her to purchase: 100 liters of kerosene at 96,000 francs CFA; 2 sacks of sugar at 50,000 francs; and some traditional soap at 4,000 francs.
The profits will enable her to ensure her family's needs are met and to finish a building in which to live.
Madame Hawa (assise à droite avec la gauche levée), est l’emprunteuse vedette du groupe. Elle est veuve et mère de 07 enfants dont 04 garçons, malgré son âge avancée, elle demeure une femme très utile dans le groupe car jouant le rôle de sage et de conseillère. Son activité s’inscrit dans la vente de savon, de sucre en poudre, divers autres produits alimentaires et du pétrole à usage domestique. Cette activité elle la pratique de plus de deux décennies.
Son nouveau prêt lui permettra d’acheter : 100 litres de pétrole à 96 000 F CFA, 02 sacs de sucre à 50 000 F CFA et du savon traditionnel pour 4 000 F CFA.
Les bénéfices lui permettront d’assurer les besoins familiales et de finaliser un bâtiment pour usage d’habitat.
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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