Fama, the featured borrower, is 45 years old, married, and the mother of two children. And she has a nephew of her husband's to support. Fama fattens sheep. In the photo, she is standing at the far right and dressed in an orange camisole and a black shawl, and her left hand is raised.
She plans to purchase two head of sheep for 40,000 francs and some peanut seeds worth 60,000 francs.
With her profits, she helps her husband in managing family expenses and bolsters her savings.
L'emprunteur vedette Fama est âgée de 45 ans; mariée elle est mère de deux enfants et a un neveu de son mari en charge; elle fait de l'embouche ovine. Sur la photo elle est debout tout à fait à droite habillée en camisole orange et couverte d'un châle noir et a levé la main gauche.
Elle compte acheter 2 moutons pour 40000 F et des semences d'arachide pour une valeur de 60000 F.
Avec ses bénéfices elle aide son mari dans la gestion des dépenses de la famille et renforce 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