Ms. Elizabéte, aged 46 (standing at the far right with her left hand raised), is the featured borrower of the group. She is a married mother of seven children (four boys and three girls). She is active in selling basic necessities which she purchases at the commune market wholesale and demi-wholesale to sell retail in her village.
With this new loan, she intends to bolster her stock of merchandise by purchasing a box of pasta and various other products.
The profits enable her to bolster her savings, so as to obtain bigger loans over the coming loan cycles.
Madame Elizabéte, âgée de 46 ans (debout à l’extrême droite avec la main gauche levée), est l’emprunteuse vedette du groupe. Elle est mariée et mère de sept enfants dont quatre garçons et trois filles. Elle s’active dans la vente de denrées de première nécessité qu’elle achète au marché de la commune en gros et demi gros pour la revente au détail dans son village.
Avec ce nouveau prêt, elle compte renforcer son stock de marchandise par l’achat d’un carton de patte alimentaire et autre divers produits alimentaires.
Les bénéfices me permettent de renforcer son épargner pour obtenir durant les prochains cycles de prêts plus importants.
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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Success!! The loan was 100% repaid