Mame Astou's Group
Mame, pictured standing on the right hand side with her hand raised, is 50 years old. She is married and the mother of 7 children, 3 of whom are girls, and the youngest of whom is 7 years old. With this loan she will operate a business of fruit juice and ice cream. She plans to purchase hibiscus flowers, baobab fruits, sugar to prepare the juice, and bags for the ice cream. The proceeds will allow her to provide for her daily expenses and to take care of her personal needs.
Mame, debout à droite de la photo et levant la main , est âgée de 50 ans. Elle est mariée et mère de 7 enfants dont 3 filles, la cadette est âgée de 7 ans.
Avec le prêt elle va faire du commerce de jus de fruits et de la glace. Elle compte acheter du bissap, du pain de singe, du sucre pour la préparation du jus, des sachets pour la glace.
Les bénéfices lui permettent de renforcer la dépense quotidienne et régler ses besoins personnels.
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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