Their leader, Sob, is 50 years old, married, and has five children.
She is dressed in white and green, standing all the way on the right in the photo. Sob runs a business selling various fabrics. Her new loan of 80,000 FCFA will allow her to buy "Khartoum wax" fabric, which she is going to sell at retail in her town.
The profits earned through her business will allow her to take care of her children's financial, nutritional, and educational needs.
Leur responsable Sob est âgée de 50,mariée et mère de 5 enfants .
Elle est debout à l’extrême droite de la photo habillée en vert blanc. Sob s'active dans le commerce par la vente de tissus divers. Son nouveau crédit de 80000 francs cfa lui permettra de se payer de tissus Khartoum wax qu'elle va revendre au détail au niveau de son village.
Les bénéfices réalisés par son activité lui permettront de de prendre en charge les besoins financiers alimentaires et scolaires de ses enfants .
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