Manteleur Bloc 2 Group
Mrs. Fatoumata (raising her hand and sitting on the far right in the photograph) is responsible for the group. She's 51 years old, married, and the mother of three children. She makes peanut paste, and also sells palm oil during the harvest season.
She intends to use this loan to buy peanuts to transform into peanut paste to sell. She will use her profits to help her husband in taking care of her family's needs.
Madame Fatoumata, (assise à l’extrême droite et levant la main), est responsable du groupe. Elle est âgée de 51 ans, est mariée et mère de 03 enfants. Elle évolue dans la transformation de patte d’arachide, elle vend aussi d’huile de palm pendant la saison de récolte.
Avec ce prêt elle compte acheter des graines d’arachide destinées à la transformation en patte en vu de la vente.
Avec les bénéfices réalisés, elle compte aider son mari dans la prise en charges des besoins familiaux.
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