Soda, who is on the right of the photo with her hand raised, is in charge of the group. She is 50 years old, married and mother to five children.
She practises farming and also raises animals. She is planning on buying 200kg of groundnuts at 250 francs a kilo as well as a sheep for 25,000 francs.
With her profits she plans to provide for her family's needs, to boost her business and to help her son who is his last year at school.
Soda qui se trouve à droite de la photo et levant le bras,est la responsable du groupe,elle est âgée de 50 ans,elle est mariée et mére de 05 enfants.
Son activité est l'agriculture.En outre elle pratique aussi l'élevage.
Elle compte acheter 200 kg d'arachide à 250f le kg et une brebis pour une valeur de 25000f.
Avec son bénéfice,elle compte subvenir aux besoins de la famille,de renforcer son activité et d'aider son fils qui est en classe de terminale.
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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