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. Mariama (seated at the far right with her hand raised) is the group's featured borrower. She is married and the mother of eight children, four boys and four girls. Her business is the sale of honey. She buys honeycombs from the producers and presses them to extract the honey for sales by liter.
With this new loan she intends to buy a large quantity of honeycombs for pressing and sales.
The profits generated by this activity will enable her to increase her savings and support her husband in managing family needs.
Madame Mariama (assise à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est mariée et mère de huit enfants dont quatre garçons et quatre filles. Elle s’active dans la vente de mie. Elle achète les russes de miel au prés des producteurs fait le pression pour l’extraire le miel en vu de la vente par litre.
Avec ce nouveau prêt elle compte acheter une quantité considérable de russe pour la pression et la vente.
Les bénéfices qui découleront de ces activités lui permettront d’augmenter son épargne et d’aider son mari dans la prise en charge 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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