This group of four women has already paid back 10 loans. They all engage in commerce.
The representative, Relina Fatima, is a 32-year-old widow. She is the mother of five children, of whom three are boys. Her eldest child is 14 years old. Relina Fatima is a [strong] fighter and very brave.
Relina Fatima has been selling vegetables, especially onions, peppers, carrots, cabbage, etc., in a local market for more than three years.
Earnings allow her to help her family with the costs of food and the children's schooling.
CE GROUPE DE QUATRE FEMMES A EU DÉJÀ A REMBOURSER 10 PRÊTS. ELLES PRATIQUENT COMME ACTIVITÉ PRINCIPALE LE COMMERCE. LA REPRÉSENTE MADAME RELINA FATIMA EST VEUVE. ELLE EST ÂGÉE DE 32 ANS. ELLE EST MÈRE DE 5 ENFANTS DONT 3 GARÇONS. SON AINE EST AGE DE 14 ANS. ELLE VEND DES LÉGUMES TELS QUE LES OIGNONS, POIVRE, DES CAROTTES, CHOUX ETC... AU MARCHE DE SA LOCALITÉ DEPUIS PLUS DE 3 ANS. SES BÉNÉFICES LUI SERVENT A AIDER SA FAMILLE POUR LA PRISE EN CHARGE DE LA NOURRITURE, DE LA SCOLARITÉ DES ENFANTS. UNE FEMME BATTANTE ET TRÈS COURAGEUSE.
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.