Fatou, the featured borrower, is the woman on the far right in the photograph. She's 48 years old, married, and the mother of one boy.
She runs a shop where she sells products such as sugar, tea, milk, and coffee. With her loan, she intends to buy XOF 10'000 worth of tea, XOF 35'000 worth of sugar, and XOF 20'000 worth of milk.
Her goal is to strengthen her working capital and her savings.
Fatou qui se trouve à l'extrême droite de la photo,est notre emprunteuse vedette,elle est âgée de 48 ans,elle est mariée et mére d'un garçon.
Son activité est le commerce de boutique,elle achéte de la marchandise composée de sucrerie,du thé,du sucre,du lait,du café.
Avec son prêt,elle compte acheter du thé pour une valeur de 10 000f,du sucre pour 35 000f et du lait pour 20000f.
Son objectif est de renforcer son fonds de roulement et son épargne.
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