Mrs. Sire Demba, who is on the right of the picture with her hand raised, is the group's leader. She is 40 years old. She is married and a mother of three.
She is active retailing sugar, soap, dried fish and palm oil. She has a very good experience in this domain, since she has been operating in it for several years.
This loan will make it possible for her to expand her activities by strengthening her stock of merchandise.
Profits will allow her to increase her savings and to contribute to the improvement of the family's living conditions (food, clothing, etc.)
Madame Sire Demba qui est à droite de la photo levant la main est le responsable du groupe. Elle est âgée de 40 ans. Elle est mariée et mère de trois enfants.
Elle s'active dans la vente de sucre, de savon, de poisson sec et de l'huile de palme. Elle a une très bonne expérience dans ce domaine, pour l'avoir pratiquer depuis plusieurs années.
Ce prêt lui permettra de développer ses activités en renforçant son approvisionnement en marchandise.
Les bénéfices lui permettront d'augmenter ses épargnes et contribuer à l'amélioration des conditions de vie de la famille(nourriture, habillement)...etc
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