Mariama Sire (right, in the photo) is the representative of the group. She is single without children. She is 24 years old. She lives with her parents. She has been selling clothes for several years. With the requested loan she will buy 30 ladies' outfits, which she will sell at home. The income will be used to buy fresh food for the family.
Madame Mariama Sire qui est la droite de la photo et la représentante du groupe. Elle est célibataire sans enfant. Elle est âgée de 24 ans. Elle vit chez ses parents. Elle s'active dans la vente d'habits qu'elle pratique depuis plusieurs années. Avec le prêt sollicité elle va acheter 30 tenues pour dames, qu'elle va revendre à domicile. les bénéfices serviront à participer à la prise en charge des frais de nourriture de la famille.
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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