Ms. Woury (sitting at the far right with her hand raised) is the featured borrower of the group. She is married and the mother of six boys. She is a vendor of wild taro root and yams, cooked and uncooked, according the customer's needs. She has good experience in this business, since she has been at it for several years.
With her new loan, she is thinking of purchasing a dozen sacks [of root vegetables] at 10,000 francs CFA each.
She plans on using the profit to help cover day-to-day expenses with the goal of improving the quality of her dishes.
Madame Woury (assise à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est mariée et mère de 06 garçons. Elle est vendeuse de tarots ignames sauvage cuites et crues selon les besoins du client. Elle a une bonne expérience dans cette activité vu qu’elle la pratique depuis plusieurs années.
Avec son nouveau prêt, elle pense acheter une dizaine de sacs à raison de 10 000 F CFA l’unité.
Elle compte utiliser les bénéfices dans le renforcement de la dépense quotidienne dans le but d’améliorer la qualité des repas.
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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