Astou, who is stood on the right of the photo raising her hand, is 48 years old. She is married and the mother of nine children: six sons and three daughters.
Astou's business is selling ice cream. She will use her loan to buy baobab tree fruit, products such as sugar, vanilla and flavorings, and bags in which to freeze the ice cream.
With the profits she makes, Astou contributes toward her family's daily expenses and covers her children's medical expenses in case they are sick. She also provides her children with supplies, makes her interest payments, and increases her savings with her village bank.
Astou, debout à droite de la photo et levant la main, elle est âgée de 48 ans. Elle est mariée et mère de 9 enfants dont 6 garçons et 3 filles.
Elle fait du commerce en vendant de la crème glacée. Elle achète du pain de singe, des produits comme du sucre, de la vanille,des arômes et des sachets pour congeler la crème.
Avec les bénéfices générés, elle participe à la dépense quotidienne, assure les frais médicaux des enfants en cas de maladie. Elle gère aussi les fournitures des enfants, paye ses intérêts et augmente ses épargnes dans le BV.
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