Ms. Oudé (standing at the far right with her left hand raised) is the featured borrower of the group. She is 45 years old, married, and the mother of three children (two girls, and a boy). Ms. Oudé has much experience selling fabrics and clothing. She purchases her products from bordering countries and resells them on credit, payable in two equal installments.
She intends to rely on this loan to expand her business by purchasing large quantities of light-weight 'kartoum' fabric to resell by the 06-yard lengths.
The profits from her business will enable her to help out her husband in covering [family-related] expenses.
Madame Oudé (debout à l’extrême droite avec la main gauche levée), est l’emprunteuse vedette du groupe. Elle est âgée de 45 ans, est mariée et mère de 03 enfants dont 02 filles et un garçon. C’est une qui a une longue expérience de la vente de tissus et articles vestimentaires. Elle achète ses produits dans les pays frontaliers pour la revente à crédit par placement remboursable en deux tranches égales.
Elle compte s’appuyer sur ce crédit pour agrandir son commerce par l’achat en quantité de « kartoum » tenue légère pour la vente par pièce de 06 yards.
Les bénéfices de son activité lui permettront de venir en appui à son mari dans les dépenses liées aux charges
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