Marame F's Group
Marame is an active merchant who sells peanuts. Her new loan of 400,000 Francs CFA will enable her to purchase five tons of peanuts for 275,000 Francs, and 20 baskets of mangoes for 100,000 Francs CFA. The income she earns from her business will allow Marame to pay for the food and health expenses of her family.
Madame Marame est la responsable depuis sa création. Elle est âgée de 61 ans mariée et mère de 9 enfants dont 4 garçons et 5 filles .Son fils ainé est âgée de 40 et le cadet âgée de 20 ans.
Elle s'active dans le commerce par la vente d’arachide.Son nouveau crédit de 400000 francs cfa lui permettra de se payer 5 tonne d’arachide à 275000 francs et 20 paniers de mangues a 100000 francs cfa.
Les bénéfices réalisés par son activité lui permettent de prendre en charge les dépenses alimentaires et sanitaires de sa familles.
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