Ms. FATOU F. N. (standing at the right in the photo) is the group’s leader. She is 24 years old, married, and the mother of two children. She also has a young girl in her care. Her business involves commerce in cloth. With her first loan from CAURIE-MF, she is going to develop her business further, so as to grow her profits.
Her goal is to support her family and her husband in covering the costs of schooling and health care for the children. She also plans on bolstering her savings account at the Banc Villageois.
Madame FATOU F. N. debout à droite sur la photo est responsable du groupe. Elle est âgée de 42 ans. Elle est mariée et mère de 02 enfants. Elle est aussi responsable de sa jeune fille.
Elle fait un petit commerce de tissus
Avec son premier crédit avec CAURIE-MF elle va mieux développer son petit commerce de tissus afin d'accroitre ses bénéfices
Son objectif est de subvenir aux besoins de sa famille et soutenir son mari pour la prise en charge de la scolarité et la santé des enfants. Elle compte également renforcer ses épargnes dans le Banc Villageois
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