Ms. Aissatou (at the right with her hand raised) is the featured borrower of the group. She is 40 years old, married, and the mother of five (three boys and two girls). She is active in stocking and reselling peanuts, millet, and various other produce according to the season.
With her new loan, she intends to purchase at least a 1½ tonnes of peanuts at 150,000 francs CFA and some corn in significant quantities with the aim of reselling them in the near future.
The profits will enable her to participate fully in meeting family needs in terms of healthcare and education.
Madame Aissatou (à droite avec la main levée) est l’emprunteuse vedette du groupe. Elle est âgée de 40 ans, elle est mariée et mère de 05 enfants (03 garçons et 02 filles). Elle s’active dans la collecte et la revente de produits agricoles arachide, mil et divers autres produits suivant les saisons.
Avec son nouveau prêt, elle compte acheter au moins une tonne et demi d’arachide à 150 000 FCFA et du maïs pour une quantité importante en vu de la revente dans un futur proche.
Les bénéfices lui permettront de participer pleinement à la satisfaction des besoins de sa famille sur le plan sanitaire et éducatif.
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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