Khar Yalla Group
The group's official, Ms. Aïcha, is 66 years old and a married mother of seven children. She supports her two grandchildren. She runs a business selling utensils and has good experience in it. In the photo, she is the one seated at the right, dressed in orange and black, and holding a fan in her right hand.
Ms. Aïcha buys her goods in the big cities and sells them in her Commune.
Her loan will serve to increase her supply of utensils in order to make more income. With the profits, she plans on building up significant savings in order to obtain another loan that is larger but also to improve her family's well-being.
La responsable madame Aïcha âgée de 66 ans est mariée mère de sept enfants, elle a en charge ses deux petits fils. Elle mène une activité de commerce d'ustensiles avec une bonne expérience. Elle est assisse sur la photo à droite habillée en orange- noir avec un éventail à la main droite.
Elle achéte ses produits dans les grandes villes et vend dans la commune.
Son prêt lui servira à augmenter ses ustensiles pour se faire plus de revenus.
Elle compte avec ses bénéfices se constituer une bonne épargne pour obtenir encore un prêt plus élevé mais aussi améliorer le bien être familial.
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