This is a group composed of two women who mutually guarantee each other. Souliath Abeke, the group's official, is 32 years old, married, and the mother of three children, all in school. The oldest and the youngest are 10 and 3 years old, respectively. Souliath Abeke has been selling sacks of charcoal out of her home for a few years. She gets her supplies from wholesalers at affordable prices with the aim of reselling them to retailers and households.
With the goal of bolstering her working capital and satisfying her customers, Souliath Abeke requested and obtained financing from Finadev. This financing will enable her to maximize her profits and to help with her children's schooling.
Souliath Abeke is the one found at the left in the photo.
Il s'agit d'un groupe composé de deux femmes en caution solidaire. Souliath Abeke la responsable est âgée de 32 ans. Mariée et mère de trois enfants scolarisés. L'aîné et le benjamin ont respectivement 10ans et 03ans. Souliath Abeke vend des sacs de charbon à son domicile depuis quelques années. Elle s'approvisionne auprès des grossistes à un prix abordable en vue de les revendre aux détaillants et aux ménages. Dans le but de renforcer son fonds de roulement et de satisfaire les besoins de ses clients, elle a sollicité et a obtenu un financement auprès de Finadev. Ce financement lui permettra de maximiser son bénéfice et de participer à la scolarisation de ses enfants. Souliath Abeke se retrouve à gauche dans la photo.
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.