Aïssatou, 41 years old (pictured standing on the far right) is the featured borrower of this group. She is married and the mother of seven children, made up of one boy and six girls. She is a seller of dried fish which she obtains from producers in neighboring regions and of vegetable spices, for resale at retail to meet the needs of her customers.
With this new loan, Aïssatou plans to purchase 1 basket of 100kg at 25,000 francs CFA and 2 medium basins of spice at 1500 francs CFA each. The profits will allow her to help her husband care for the needs of their family and also to increase her business turnover.
Madame Aïssatou, âgée de 41 ans (debout à l’extrême droite), est l’emprunteuse vedette du groupe. Elle est mariée et mère de sept enfants dont un garçon et six filles. Elle est vendeuse de poisson sec qu’elle se procure auprès de productrices dans les régions côtières et de piment auprès de maraîchers, pour la revente au détail selon les besoins du client.
Avec son nouveau prêt, elle compte acheter 01 panier de 100 kilos à 25 000 F CFA et 02 bassines de taille moyenne de piment à 1 500 F CFA l’unité.
Les bénéfices me permettent d’une part d’aider mon mari à prendre en charge les besoins de la famille et d’autre part à accroître mon chiffre d’affaire.
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