Aminata, standing on the far right in the picture, is the group's featured borrower. She is married and the mother of 3 children, one of whom is a girl. She is a very dynamic woman who sells dyed fabrics which she buys in the east of the country and then resells on two months credit terms. She plans to use her new loan to buy 36 cuttings of 5 yards of different coloured fabrics (at 12 500 francs per yard). She plans to use her profits to cover her children's education needs.
Madame Aminata (debout à droit), est l’emprunteuse vedette du groupe. Elle est mariée et mère de 03 enfants dont une fille. C’est une femme très dynamique et s’active dans la vente de tissus teintés, qu’elle achète vers la partie orientale du pays pour la revente à crédit de deux mensualités.
Avec son nouveau crédit elle compte acheter 36 coupons de 5 yards de couleurs différentes à 12 500 FCFA le yard.
Avec les bénéfices elle compte apporter son soutien à ses enfants dans le cadre de leur scolarité.
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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