The members wish to develop income-generating activities to improve their living conditions and facilitate access to basic food products. These women's main activity is small retail business, and they also grow crops in the rainy season.
Mrs. Thièdo (seated at the far right with her hand raised) is the group's featured borrower. She is married and has five children, three girls and two boys. Her business is to sell basic consumer goods: sugar, tea, seasonings and various other food products.
With the new loan she will buy a bag of sugar, a gross of tea and a few packages of bouillon cubes for retail sales.
Profits will enable her to support her husband in managing family needs.
Madame Thièdo (assise à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est mariée et mère de cinq enfants dont 03 filles et 02 garçons. Son activité s’inscrit dans la vente de produits de consommation courante sucre, thé, assaisonnement et divers autres produits alimentaires.
Avec son nouveau prêt, elle achètera un sac de sucre, une grosse de thé et quels que paquets de bouillons pour la revente au détail.
Les bénéfices lui permettront de soutenir son mari dans la gestion des besoins de la famille.
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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Success!! The loan was 100% repaid