This group is created since May 12, 2010. It consists of women who live in the same village and its surroundings. Their main business is shopkeeping. Coumba is 55 years old and is married and responsible for 7 children. She is standing on the right in the photo and raising her hand. With the loan received she envisions selling processed fruit juice to resell it at the market of her locale every Wednesday. The profits generated allow her to support her beautiful daughters with the daily expenses and strengthen her savings.
Ce groupe est créé depuis le 12 mai 2010. Il est composé par les femmes qui habitent dans le même village et des alentours. Elles font comme activité principale le petit commerce. Coumba âgée de 55 ans est mariée et a la charge de 7 enfants. Elle est debout à droite de la photo et levant la main. Avec le prêt reçu elle envisage de faire du commerce avec la transformation de jus de fruit pour revendre au marché de sa localité tous les mercredis. Les bénéfices générés lui permettent de soutenir ses belles filles dans la dépense quotidienne et renforcer ses épargnes
About CAURIE Micro Finance
The 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.