Mrs Mama, standing on the right-hand side of the photo and raising her hand, chairs the group. She is 36 years old, married and the mother of six children. She sells fresh fish. She has a lot of experience in this activity after having been a fish seller for several years. She will use her loan to increase her working capital, develop her business and buy fresh fish for resale. The profit from her activity will enable her to improve the living standard of her family (healthcare, food, clothing, etc.).
Madame Mama qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 36 ans. Elle est mariée et mère de six enfants.
Elle s’active dans la vente de poissons frais. Elle a une bonne expérience dans ce domaine d’activité, pour l'avoir pratiquer depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités de vente de poissons frais.
Les profits générés par son petit commerce de poissons frais lui permettront d’améliorer les conditions de vie de la famille (santé, 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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