Ms. Mariama (seated on the far right in the second row) is the featured borrower of the group. She is very dynamic and has an unwavering commitment to the success of her activities. She is married and has six children: three boys and three girls. She sells peanut paste, palm oil and sugar that she buys in bulk for resale at retail.
With her new loan she will buy 20kg buckets of peanut paste for 12,000 CFA francs per bucket, 20 liters cans of palm oil at 18,000 CFA francs per can, and one or two bags of sugar at 27,000 CFA francs per bag.
The profits are used to help her husband with the management of the family’s expenses, as well as increase the level of her savings.
Madame Mariama (assise à l’extrême droite dans la deuxième rangée), est l’emprunteuse vedette du groupe. Elle est très dynamique et d’une volonté sans faille pour la réussite de ses activités. Elle est Mariée et mère de six enfants : trois garçons et trois filles. Elle est vendeuse de patte d’arachide, d’huile de palme et de sucre qu’elle achète en gros pour la revente au détail.
Avec son nouveau, prêt elle va acheter des seaux de patte d’arachide de 20 kg pour 12 000 Frs CFA le seau, des bidons de 20 litres d’huile de palme à 18 000 Frs CFA le bidon et un ou deux sacs de sucre à 27 000 Frs CFA le sac.
Les bénéfices servent à aider son mari dans les charges régaliennes de gestion de la famille ainsi qu’accroître le niveau de son épargne.
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