Their main business is retail, and they also grow crops during the rainy season. They share strong bonds of solidarity since they've been living in the same village for several years.
Mrs. Hadyatou, sitting on the right and raising her hand in the photograph, is the group's featured borrower. She's 32 years old, married, and the mother of three children, two girls and one boy.
She buys and resells local products, such as peanuts, baobab tree fruits, and other farming products at the weekly grand market of the subregion.
Her new loan will enable her to buy in quantity at least 15 sacks of peanuts and 10 sacks of baobab tree fruits to resell.
Her profits will enable her to support her husband in taking care of the children's healthcare and school expenses.
Madame Hadyatou (assise à droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est mariée, âgée de 32 ans et mère de 03 enfants dont 02 filles et un garçon. Elle achète et revente les produits du terroir au grand marché hebdomadaire de la sous région plus précisément l’arachide, le pain de singe et autres produits agricole.
Son nouveau prêt lui permettra d’acheter en quantité et au moins 15 sacs d’arachide et une dizaine de sacs pour le pain de singe destinés à la revente.
Les bénéfices lui permettront d’apporter un soutien à son mari sur la prise en charge sanitaire des enfants et leur scolarisation.
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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