Mrs. Aida (standing on the right), is the star borrower of the group. She is 34 years old and is a married mother of two girls. She sells seasonal fruits and has perfectly mastered this business from having been doing it for more than five years.
With her new loan, she plans to buy a dozen 50-kg bags of oranges to resell.
With her profits, she plans to increase her savings to better establish her business.
Madame Aida, (debout à l’extrême droite), est l’emprunteuse vedette du groupe. Elle est âgée de 34 ans, est mariée et mère de 02 enfants uniquement des filles. Elle s’active dans la vente de fruits suivant la saison et maîtrise parfaitement cette activité pour l’avoir pratiqué depuis de plus de 05 ans.
Avec son nouveau crédit, elle compte acheter une dizaine de sacs d’orange de 50 kg pour la revente.
Avec les bénéfices, elle compte accroître son épargne pour mieux asseoir son commerce.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
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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