Mrs. Rouby, aged 32 (standing on the right), is the featured borrower of the group. She is married and mother of three boys and two girls. She sells soap, condiments, candies and various basic goods.
With the new loan, she intends to buy two gross of soap at 4,500 CFA francs each, one or two packs of candy and a few packets of seasoning for retail sales in the village and surrounding areas.
With the profits, she wants to expand her business and actively participate in the management of family expenses.
Madame Rouby, âgée de 32 ans (debout à droite), est l’emprunteuse vedette de ce groupe. Elle est mariée et mère de trois garçons et deux filles. Elle est vendeuse de savon, de condiments, bonbons et divers produits de consommation courante.
Avec son nouveau prêt, elle compte acheter 02 grosses de savon à 4 500 F CFA, une à deux paquets de bonbon et quels que sachets d’assaisonnement pour la revente au détail dans le village et aux environs.
Avec les bénéfices, elle développer son activité et participer de manière active à la gestion des charges de la famille.
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