Aminata, who is sitting on far right of the second row, is the star borrower of the group. She is a widow and has five children in her care, three of whom are girls. She is a very dynamic woman with an unreserved commitment to the smooth running of the Banc Villageois. Her business is primarily the sale of sugar, rice and other groceries.
With this loan, she is planning to buy wholesale from the central market a sack of sugar for 25,000CFCA, a sack of rice and other miscellaneous groceries (such as seasonings and candies). She will resell these products on a retail basis.
The profits she makes from her business enable her to support her children with their studies and to try and improve their living conditions.
Madame Aminata, (assise dans la deuxième rangée à l’extrême droite), est emprunteur vedette du groupe. Elle est veuve et prend en charge 05 enfants dont 03 filles. C’est une femme très dynamique et d’un engagement sans réserve pour le bon déroulement des activités du banc villageois. Son activité s’articule principalement de la vente de sucre, de riz et divers produits alimentaires.
Avec ce prêt elle compte acheter en gros au marché central un sac de sucre à 25 000 F Cfa et 1sac de riz et le reste pour divers produits alimentaires (assaisonnement, bonbon, …). Qu’elle revendra au détail.
Les bénéfices de son activité lui permettront d’apporter son soutien à ses enfants dans le cadre scolaire et chercher à améliorer les conditions de vie.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
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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