Agna Bailo's Group
All of the women come from the same neighborhood and get along well with each other. They are all in small business. Agna (pictured standing on the far left with her hand raised) is the featured borrower of the group. She is married and the mother of 5 children, 1 girl and 4 boys.
Agna sells couscous made from millet and corn. She buys millet or corn grains and processes them for resale at night in front of her home. She has much experience in this business after having conducted it for more than ten years.
With her loan, Agna plans to acquire at least 5 60-kg bags of millet and corn at 11,000 francs CFA and one 20-kg bucket of peanut paste at 12,500 francs CFA. She will use the profits from her business to help her husband pay for the children's schooling and to take care of daily expenses.
Madame Agna (debout à l’extrême gauche avec une main levée), est l’emprunteuse vedette du groupe, elle est mariée et mère de 5 enfants dont 01 fille et 04 garçons. Elle est vendeuse de couscous à base de mil et de maïs. Elle achète les graines de mil ou de maïs et fait la transformation pour la revente le soir devant son domicile. Elle jouit d’une bonne expérience dans ce domaine d’activité pour l’avoir pratiqué depuis plus de dix ans.
Avec ce prêt elle compte s’approvisionner au moins 5 sacs de 60 Kg de mil et de maïs à 11 000 et un seau de 20 Kg de patte d’arachide à 12 500.
Les bénéfices de son activité, elle les utilisera pour appuyer son mari dans le suivi scolaire des enfants et la gestion de la dépense quotidienne.
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