Mrs Tacko, 47 years old (seen standing at the far right with her hand raised in the photo above) is the star borrower of the group. She is married and the mother of two boys. She is very dynamic and contributed tremendously to the establishment of the village bank. She has a table in the village from which she sells various food products such as sugar, green tea, condiments and various cigarette brands. She is asking for a new loan in order to purchase a large bag of sugar, three cartons of 10 packs of cigarettes and a variety of condiments. Profits from these sales will allow her to assist her husband in taking care of the family expenses.
Madame Tacko, âgée de 47 ans (debout à l’extrême droite), est l’emprunteuse vedette du groupe. Elle est mariée et mère de 02 garçons. C’est une femme très dynamique et a beaucoup contribuer dans la mise en place du banc villageois. Elle tient une table au village où elle vend divers produits alimentaires à savoir le sucre, le thé vert, des condiments et différentes marques de cigarettes.
Avec son nouveau prêt, elle prévoit d’acheter en gros un sac de sucre, trois cartons de 10 paquets de cigarette et le reste une variété d’assaisonnement.
Les bénéfices lui permettront de soutenir son mari dans la gestion des dépenses quotidiennes 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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