Jam Tam Group
Mrs. Awa (standing to the far right in the photo) is the group’s leader. She is 51 years old. She is married and the mother of five.
She sells food products at the Kolda market. She has over 10 years of experience in this work.
The income will allow her to help her husband provide for the education, healthcare and food for their children.
Madame Awa (debout à l’extrême droite de la photo) est responsable du groupe. Elle est âgée de 51 ans. Elle est mariée et mère de cinq enfants.
Elle vend des denrées alimentaires au marché de Kolda. Elle a plus de dix ans de pratique dans ce domaine d’activité.
Son nouveau crédit lui permettra d’augmenter sa capacité d’approvisionnement en denrée alimentaire.
Les bénéfices serviront à aider son mari dans la prise en charge de la scolarité, de la santé et de la nourriture des enfants.
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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