Dabo 01 Group
Madame Baldé (seated, far right) is the group's leader. She is 51 years old, married and the mother of seven children. She sells juice and ice in the village, and she also has a vegetable stall. At first, she only sold vegetables. After several years of experience, she decided to add some variety. With this new loan, she will buy items necessary to make juice, and she will stock up on vegetables for re-sale. Profits from these activities allow her to support her husband in paying for food, healthcare and schooling for the family.
Madame Baldé (assise l’extrême droite) est responsable du groupe. Elle est âgée de 51 ans, mariée et mère de sept enfants.
Elle est vendeuse de jus et de glace dans son village, de même elle a un étalage de légumes. Au début elle ne vendait que des légumes. Avec années d’expérience de ce domaine d’activité, elle compte d’avantage varier son activité.
Avec son nouveau prêt elle va acheter les différents produits pour la fabrication de jus et s’approvisionner en légumes pour la revente.
Les bénéfices de cette activité lui permettront de soutenir son mari dans la prise en charge des membres de la famille en nourriture, santé et scolarité.
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