The leader, Ms. Safiétou, is a married woman aged 32 with two children - one son and one daughter. She has been active in the commercial sector for a long time and has experience in this field. She is standing all the way on the right in the photo, dressed in blue and white with her hand raised.
With her new loan of 60,000 FCFA, she is going to buy tubes of lotion and bottles of perfume that she will sell at retail in her area to her close friends and relatives.
The profits realized from this business allow her to provide for herself and her children, including paying for their school expenses.
La responsable madame Safiétou est une femme mariée âgée de 32 et mère de 2 enfants dont 1 garçon et une fille. Elle s'active dans le commerce depuis longtemps et dispose d'une expérience dans ce domaine .Elle debout à l’extrême droite de la photo la main levée habillée en uniforme bleu blanc.
Avec son nouveau crédit de 60000 francs cfa elle va acheter des tubes de lait de toilettes et des bouteilles de parfums qu'elle va revendre au détail au niveau de son quartier à des proches et amies intimes.
es bénéfices réalisés lui permettent de prendre en charge ses besoins personnels et ceux de ses enfants telles que l'achat de fournitures scolaires .
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