Mame Awa's Group
Coumba, who is on the right of the photo with her hand raised, is in charge of the group. She is married and mother to four children.
Her main activity is selling smoked fish and she is planning to buy 50,000 francs worth of smoked fish as well as a 20 liter container of palm oil for 20,000 francs and five kilos of "yett" fish for 5,000 francs.
Her aim is to increase her savings and to be able to provide for her needs.
Coumba qui se trouve à droite de la photo et levant le bras,est la responsable du groupe,elle est mariée et mére de 04 enfants.
Elle a comme activité le commerce de poissons fumés,d'un bidon de 20 litres d'huile de palme et 05kg de poissons "yett"
Ainsi elle compte acheter 50000f de poissons fumés,un bidon de 20 litres d'huile de palme à 20000f et 05 kg de poissons"yett" pour une valeur de 5000f.
Son objectif est d'augmenter son épargne et de pouvoir subvenir à ses besoins.
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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