This 'banc villageois' was newly inaugurated on September 11, 2013. It is composed of women who ardently wish to join the 'banc villageois' program. The women maintain ties of solidarity and mutual assistance, and they have all been living in the same district for several years. Their main work involves small-scale commerce and farming during the rainy season.
Ms. Khady (standing at the far right and wearing a red and black tunic) is the featured borrower of the group. She is a married mother of five children (three girls and two boy). She is active in selling sugar, oil, soap, and a variety of snacks, which she procures demi-wholesale or by the packet to be sold retail in the village and at weekly markets.
With this new loan, she intends to stock up on oil, onions, and various condiments to resell during the holidays.
The profits enable her to bolster her savings, so as to obtain bigger loans over the coming loan cycles.
Le banc villageois nouvellement inauguré ce 11 septembre 2013 est composé de femmes ayant un vœu ardent d’intégrer le programme de bancs villageois. Elles entretiennent des relations de solidarité et d’entre aide mutuel et vivent toutes dans le même village depuis plusieurs années. Elles ont comme activité principale le petit commerce et la culture saisonnière sous pluie.
Madame Khady (debout à l’extrême droite en tunique rouge et noire), est l’emprunteuse vedette du groupe. Elle est mariée et mère de 05 enfants dont 03 filles et 02 garçons. Elle s’active dans la vente de sucre, de l’huile, du savon et divers friandises, qu’elle se procure en demi gros ou par paquet pour la revente en détail au village et dans les marchés hebdomadaire.
Avec ce nouveau prêt, elle s’approvisionner en huile, ognon et divers condiments pour la revente durant les fêtes.
Les bénéfices me permettent de renforcer son épargner pour obtenir durant les prochains cycles de prêts plus importants.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
About CAURIE Micro Finance
The 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.