Binta Abdou, the star borrower of the group, is 28 years old. She is married and has four children. She processes seafood at the seaside in her village. She is standing on the right wearing a blue and white sweater, raising her left hand.
Every day she buys three cases of fish at 5,000 West African francs each. She resells part of it and smokes the rest. Her loan will help her buy more cases of fish to smoke in order to maximize her revenues. She would like to reinvest her revenues in order to increase her earning capacity and bolster her savings, so as to be financially independent.
Binta Abdou, l'emprunteur en vedette est âgée de 28 ans. Elle est mariée et mère de 04 enfants; elle fait de la transformation des produits de mer au quai de sa localité. Elle est debout à droite habillée d'un survêtement bleu-blanc et a levé la main gauche.
Chaque jour elle achète 03 caisses de poisson à 5000F francs l'unité qu'elle revend et une partie elle le transforme en poissons fumés.
Son prêt lui servira à acheter plus de caisses de poissons à fumer afin de maximiser ses bénéfices.
Avec ses bénéfices elle souhaite les recycler pour gagner plus de revenus et renforcer ses épargnes pour atteindre une autonomie financière .
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