Mrs. Bintou (the one standing on the right raising her hand) is the star borrower of the group. She is 44 years old, married and the mother of six: two daughters and four sons. She has a vegetable garden. She also sells palm oil and traditional soap. She has been working as a vendor for some years.
With this loan, she plans to buy peanuts for processing and resale.
The resulting revenues will allow her to help her husband cover the school expenses for their children.
Madame Bintou (debout à droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est âgée de 44 ans, est mariée et mère de 06 enfants : 02 filles et 04 garçons. Elle est fait du maraichage, elle est aussi vendeuse d’huile de palme, de savon traditionnel. Une activité qu’elle pratique depuis plusieurs années.
Avec ce prêt elle compte acheter de l’arachide pour la transformation et la vente.
Les bénéfices réalisés lui permettront d’apporter un soutien à son mari dans la prise en charge des frais scolaires des enfants.
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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