Mrs. Awa is the woman standing on the left and raising her hand in the photograph. She's the group featured borrower. She's 56 years old and married. Her business consists in selling clothes, mostly women's and children's.
She gets her supplies in the capital and retails her products in her village. With this new loan, she will buy dresses by the dozen and various children's clothing articles to resell.
With the profits she gets from her business, she intends to better help her husband cover the daily expenses and the children's education.
Madame Awa (debout à l’extrême gauche avec une main levée), est l’emprunteuse vedette du groupe. Elle est marié, âgée de 56 ans. Elle s’active dans la vente d’articles vestimentaires en majorité pour enfant et femme. Elle se procure sa marchandise à la capitale ppour la revente en détail dans sa localité.
Avec son nouveau prêt, elle va acheter par douzaine des robes et divers articles vestimentaires pour enfant destiné à la revente.
Avec les bénéfices qu’elle obtient de son activité, elle pense mieux soutenir son mari dans la gestion de la dépense quotidienne et la scolarité 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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