With her loan, she plans to purchase 40,000 Francs' worth of clothing as she currently has a good customer base. Yacine's objectives are to increase the working capital for her business, and increase her savings.
Yacine qui se trouve à droite de la photo et levant le bras est la responsable du groupe,elle est âgée de 54 ans,elle est mariée et mére de 06 enfants.
Son activité est le commerce de vêtements pour femmes et enfants.
Avec son prêt,elle compte acheter des vêtements pour une valeur 40000f,elle dispose d'une bonne clientéle en ce moment.
Son objectif est d'accroitre son fonds de roulement pour le commerce et augmenter son épargne.
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