Sant Yalla Group
Madame Aissatou who is on the right in the photo raising her hand is the leader of the group. She is 65. She is married and the mother of 10 children. She is also responsible for three other children whom relatives have confided to her care.
She sells couscous, palm oil, and peanut butter. She has a good deal of experience in this business which she has been in for several years.
This loan will permit her to grow her working capital and better develop her business. The profit will permit her to improve family living conditions (health, food, and clothing, etc.) and to add to her savings.
Madame Aissatou qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 65 ans. Elle est mariée et mère de 10 enfants. Elle a aussi en sa charge trois autres enfants confiés par ses parents.
Elle s’active dans la vente de couscous, de l'huile de palme et de la patte d'arachide. Elle a une bonne expérience dans ce domaine d’activité, qu'elle pratique depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.
Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.
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