Mame Awa's Group
Mame, featured standing on the right of the photo with her hand raised, is 51 years old. She is a widow and the mother of three children, one of whom is a son. She is in the business of selling wood and charcoal. She purchases one pile of wood at 55,000 francs CFA and 5 bags of charcoal at 6,000 francs CFA. She earns a profit of 500 francs CFA per bag of charcoal and 7,500 francs CFA for the wood.
The profits will help Mame to provide for her children and all of there needs, since she is the sole supporter of the family and does not want to constantly be requesting support from others.
Mame, debout à droite de la photo et levant la main est âgée de 51 ans. Elle est veuve et mère de 03 enfants dont 01 garçon. Elle s'investit dans le commerce de bois et de charbon. Elle achète 01 pile de bois à 55 000 F et 05 sacs de charbon à 6 000 F. Elle réalise un bénéfice de 500 F par sac de charbon et 7500 F pour le bois.
Les bénéfices vont servir à prendre en charge ses enfants à savoir tout leur besoin vue qu'elle est seule soutien de famille car ne souhaitant pas solliciter tout le temps l'aide d'autrui.
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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