Catherine, the one shown on the right raising her hand in the photo, is our star borrower. She is 42 years old, married and has one daughter. Her business is selling fabric decorated with images of saints. With her loan, she plans to buy ten 12-yard [11-meter] pieces of fabric at 12,000 West African francs each.
Her goal is to be able to provide for her daughter's school fees and food .
Cathérine qui se trouve à droite de la photo et levant le bras,est notre emprunteuse vedette,elle est âgée de 42ans,elle est mariée et mére d'une fille.
Son activité est le commerce de tissus avec l'effigie des saints.
Avec son crédit,elle compte acheter 10 piéces de 12 yards à 12000f l'unité.
Son objectif est d'assurer les frais scolaires de sa fille,ainsi que son alimentation.
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