Ms. Binta (seated at the far right with her hand raised) is the featured borrower of the group. Despite her advanced age, she remains a fine example for the group and cares for her family's future. A widow, she supports four daughters and two sons, and she is active in selling a variety of grocery supplies, from peanut butter to condiments, and more.
With her loan, she plans on purchasing packets of bouillon cubes and various other condiments to resell in her village.
With the profits, she plans on ensuring that her children's healthcare and day-to-day expenses are covered.
Madame Binta (assise à l’extrême droite avec une main levée) est l’emprunteuse vedette du groupe. Malgré son âge avancé, elle reste une femme exemplaire et soucieuse du devenir de sa famille. Veuve de son état, elle prend en charge 04 de ses filles et 02 garçons et s’active dans la vente de divers produits alimentaires de la patte d’arachide aux condiments et autres bouillons culinaires.
Avec son crédit, elle prévoit d’acheter des paquets de bouillons et divers autres condiments pour la revente au village.
Avec les bénéfices, elle compte assurer la prise en charge sanitaire de ses enfants et 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