Amino (standing second from the left and raising her hand) is the group's featured borrower. She is married and the mother of 5 children (4 girls and 1 boy). She is very active in the businesses undertaken by the "banc villageois". She sells clothing which she buys at the big markets in the capital and resells on credit (paid off on average in two installments) to retail customers. This new loan will allow her to buy a large amount of light fabrics in 6-yard lots so that she can resell it during the summer. She plans to use her profits to build her savings and to contribute substantially to making changes in her family's living conditions.
Madame Amino (debout avec une main levée à la deuxième position de la gauche vers la droite), est l’emprunteuse vedette du groupe. Elle est mariée et mère de 05 enfants (04 filles et 01 garçon). C’est une femme très engagée dans les activités du banc villageois. Elle est vendeuse d’article vestimentaire qu’elle achète dans les grands marchés de la capitale pour la revente au détail et par crédit moyennant deux échéances.
Ce nouveau prêt lui permettra de s’approvisionner en quantité des tissus légers pour des lots de 06 yards destinés à la revente durant l’été.
Avec les bénéfices, elle compte améliorer son épargne d’une part et d’autre part participer de manière sensible aux changements de conditions de vie de sa 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