Adama (standing on the far right of the photo, with her hand raised) is 50 years old. She is married and has four children, one son and three daughters. She sells fonio (a type of millet), peanuts, maize, hibiscus flowers (used to make a drink) and chillies.
Adama will use her loan to buy two sacks of peanuts for 10,000 francs CFA each, one sack of maize for 12,000 francs CFA and the rest will be used to buy fonio. She intends to use her profits to provide for the needs of her children and help her husband with the expenses of their household.
Adama qui se trouve debout à l’extrême droite de la photo et levant le bras,est âgée de 50 ans. Elle est mariée et mère de 04 enfants dont 01 garçon et 03 filles. Elle évolue dans le commerce de fonio, d'arachide,de maïs, de bissap et de piment.
Avec son financement, elle compte acheter 02 sacs d'arachides à 10000f l'un, 01 sac de maïs à 12000f et le reste sera destiné à l'achat du fonio.
les objectifs visés pour son bénéfice sont de subvenir aux besoins de ces enfants et aider son mari dans la prise en charge familiale.
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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