Kawral Apress Group
Ms. Sounkara (seated at the far right in the photo) is the group's official. She is 55 years old, married, and the mother of four children. She has seven other family members to support (grandsons and granddaughters). She sells millet porridge and black-eyed peas in the evenings. She has mastered this business very well for having done it for over twenty years.
With this loan, Ms. Sounkara is going to buy sacks of millet, black-eyed peas, and sugar. The profits from her business will enable her to save money and to support her grandchildren’s training and education.
Madame Sounkara (assise à extrême droite) est responsable du groupe. Elle est âgée de 55 ans, est mariée et mère de 04 enfants, elle a 07 autres membres de sa famille en charge (petits fils et petites filles).
Elle vend de la bouillie de mil et niébé le soir. Cette activité, elle la maîtrise très bien pour l’avoir pratique pendant plus de vingt ans.
Avec ce prêt elle va acheter des sacs de mil du niébé et du sucre.
Les bénéfices de son activité lui permettront d’épargner et de soutenir ses petits enfants dans leur formation scolaire.
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