Kadiatou, who is sittling on the far right of the photo with her hand raised, is the star borrower of the group. She is 24 years old, married and mother to three children: one boy and two girls. She has a table in the village where she sells a variety of groceries: sugar, green tea, stock cubes and other diverse products. She gets her supplies every Mondaly at the weekly market in the area and then resells on a retail basis in her village.
With this new loan she is planning to buy sugar and tea by packets of ten; she will use the rest to buy two varieties of cartons of 20 packs of cigarettes.
With the profits she makes she plans to help her husband develop his income-generating activites and build up her savings.
Madame Kadiatou (assise à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est âgée 24 ans, mariée et mère de 03 enfants dont 01 garçon et 02 filles. Elle tient une table au village où elle vend diverses denrées alimentaires sucre, thé vert, bouillons culinaires et divers aux produits. Elle s’approvisionne tous les lundis au marché hebdomadaire de la zone pour ensuite revendre au détail dans son village.
Avec ce nouveau crédit elle compte acheter du sucre, du thé par paquet de 10 et le reste pour deux variétés de grosse de cigarette de 20 paquets.
Avec les bénéfices qu’elle compte accompagner son mari dans le développement des ses activités génératrices de revenu et consolider son épargne.
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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