The manager, Mrs. Bernadette, is seen standing with her hand raised at the extreme right of the picture and dressed in white. She is 53 years old and married with nine children: five boys and four girls all under her care.
Bernadette has long been active in the fruit trading business. She has good experience in this field. Her new credit loan of 75,000 FCFA will allow her to buy various baskets of fruit to be sold at retail prices in her locality.
The profits generated by her activities will enable her to support the school, health and food costs of her children.
La responsable madame Bernadette, debout la main levée à l’extrême droite de la photo habillée en blanc, est âgée de 53 ans mariée et mère de 9 enfants dont 5 garçons et 4 filles tous à sa charge.
Bernadette s'active dans le commerce de fruits depuis longtemps. Elle dispose d'une bonne expérience dans ce domaine.
Son nouveau crédit de 75000 francs cfa lui permettra de payer des paniers de fruits divers et les revendre au détail au niveau de sa localité.
Les bénéfices générés par son activité lui permettront de prendre en charge les frais scolaires sanitaires et alimentaire 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