Mrs. Coumba, the woman sitting on the right in the photograph, is the featured borrower. She's 50 years old, married, and the mother of seven children, four girls and three boys. Her business consists in buying and reselling sugar, green tea, and various other staples.
With this loan, she intends to buy one sack of sugar, some boxes of green tea, and other products to retail. Her profits will be used to help her husband handle the daily expenses of the family.
Madame Coumba (assise à droite et en médaillons vers le bas toujours à droite) est l’emprunteuse vedette. Elle est âgée de 50 ans, est mariée et mère de 07 enfants dont 04 filles et 03 garçons. Son activité consiste l’achat et la revente de sucre, de thé vert et divers produits de consommation courante.
Avec ce prêt, elle compte acheter un sac de sucre, quels que paquets de thé vert et divers autres produits pour la revente au détail.
Les bénéfices lui serviront d’aider son mari dans la gestion quotidienne 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