The 'banc villageois' was created on May 11, 2001 and is composed of 38 women members having diverse businesses that are practically identical. The four members of this group all work in commerce. They have always paid back their loans on time and with the corresponding interest.
Ms. Abdoulaye Djiguene, who appears at the right in the photo with her hand raised, is the group's representative. She is a married mother of one boy. She is 60 years old. She is active in dying fabrics. She is going to purchase rolls of fabrics and dye products for her business. She has been in this business for over ten years. She has constructed a glass case to display her work at her house.
With this loan, Ms. Abdoulaye Djiguene is going to purchase 10 rolls of 'simple' damask and 3 rolls of 'riche' damask. She has a loyal customer base. The profits will be used to purchase food and to help cover day-to-day expenses.
LE BANC VILLAGEOIS A ETE CREE LE 11 MAI 2001 ET EST COMPOSE DE 38 FEMMES MEMBRES AYANT DES ACTIVITES DIVERSES ET QUASIMENT IDENTIQUES. LES QUATRE MEMBRE DU GROUPE FONT PRATIQUEMENT TOUTES LE COMMERCE. ELLES ONT TOUJOURS REMBOURSE LEURS PRETS ET A TEMPS AVEC LES INTERETS Y AFFERANT. MADAME ABDOULAYE DJIGUENE QUI EST A LA DROITE DE LA PHOTO LEVANT LA MAIN ET LA REPRESENTENTE DU GROUPE. ELLE EST MARIEE ET MERE D UN GARCON. ELLE A 60 ANS. MADAME S ACTIVE DANS LA TEITURE. ELLE VA ACHETER DES ROULEAUX DE TISSU ET DES PRODUITS POUR L ACTIVITE. ELLE A PRATIQUE CETTE ACTIVITE DEPUIS PLUS DE 10 ANS. ELLE A CONFECTIONNE UNE VITRINE CHEZ ELLE POUR L EXPOSITION DE SES PRODUITS. AVEC LE CREDIT ELLE VA ACHETER 10 ROULEAUX DE BASINS SIMPLE ET 3 ROULEAUX DE BASINS RICHE. ELLE A UNE CLIENTELE QUI LUI EST FIDELE. LES PROFITS SERVENT A ACHETER DE LA NOURRITURE ET DE PARTICIPER A LA DEPENSE QUOTIDIENNE.
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.