Madame Aby, the representative, is 54 years old. She is married and the mother of nine children, among whom there are four sons. She has been working at firewood selling for a long time and has a good deal of experience in this field.
Her new loan of 500,000 francs CFA will permit her to stock up on firewood that she will resell in her village. The profit from her business will allow her to help her husband support their children financially, covering healthcare and schooling, and to expand her business.
Madame Aby est la représentante, elle est âgée de 54 ans. Elle est mariée et mère de 9 enfants dont quatre garçons.
Elle s'active dans le commerce de bois de chauffe depuis longtemps et dispose d'une bonne expérience dans ce
Son nouveau crédit de 500000 francs CFA lui permettra de s'approvisionner en bois de chauffe qu'elle aura revendu dans son village.
Les bénéfices de son commerce lui permettent d'aider son mari dans la prise en charge économique sanitaire et
scolaire de ses enfants et de renforcer son activité.
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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