Sant Yalla Group
Mbarka, the group's official, is 28 years old, unmarried, and the mother of one child. And she raises livestock with tens years of good experience in it. Also, for a month now, she has had a small business selling fish or meat fritters in the village.
Mbarka purchases sheep at the central market in the rural community. She is going to resell them at the same place four or five months later.
Her loan will serve to bolster her livestock business by increasing her herd. With the profits expected, she wishes to increase her saving and to support herself, as well as her child.
Mbarka la responsable est âgée de 28 ans, elle est célibataire mère d'un enfant. Elle fait de l'embouche, a une bonne expérience de 10 ans et mène depuis un mois un petit commerce de beignets au poisson et viande dans le village.
Elle achète les moutons au marché central de la communauté rurale et c'est au même endroit qu'elle va les revendre quatre ou cinq mois après.
Son prêt lui servira à renforcer son activité d'embouche en augmentant son cheptel.
Elle souhaite avec les bénéfices attendus augmenter son épargne, subvenir à ses besoins et à ceux de son enfant.
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