Mampatim 02 Group
Mrs. Bobo, who is standing all the way to the right, is the group’s leader. She is 54 years old, married and a mother of seven. She has five other close relatives in her care.
She retails groundnut paste at the various weekly markets of neighboring villages, and has been in this business for over five years. Her previous occupation was selling vegetables.
Her new loan will allow her to purchase groundnut paste to resell. Profit from this activity will help her to purchase goats or sheep on the one hand, and to help her husband provide for the family’s expenses on the other.
Madame Bobo debout à l’extrême droite est responsable du groupe. Elle est âgée de 54 ans, est mariée et mère de sept enfants. Elle prendre en charge cinq autres proches parents.
Elle est vendeuse de patte d’arachide dans les différents marchés hebdomadaires des villages environnants, activité qu’elle pratique depuis plus de cinq ans. Son activité antérieure était la vente de légumes.
Son nouveau prêt lui permettra d’acheter de la patte d’arachide pour la revente.
Les profits tirés de son activité l’aiderons à acheter de chèvres ou moutons en parti et d’autre part soutenir son mari dans les charges familiales.
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