Khadidiatou Kindy's Group
Khadidiatou, sitting third from the left in the picture, is the group's featured borrower. She is 37 years old, married and the mother of 3 children; two girls and a boy. She sells incense and fabrics. In order to be able to do this, she buys grains of incense that she mixes with different perfumes and keeps in glass pots for several months in order to get the finished product. Her new loan will allow her to buy raw incense and different perfumes with which to make various flavours of incense. The profits generated by her business will enable her to support her husband more with the general management of the household and to better help her children with their education needs.
Madame Khadidiatou (assise à la troisième position de la gauche vers la droite), est l’emprunteuse vedette du groupe. Elle est âgée de 37 ans, est mariée et mère de trois enfants dont 02 filles et un garçon. Son activité s’inscrit dans la vente d’encens et de tissus. Pour se faire elle achète les graines d’encens qu’elle mélange avec différents parfums et les gardent enfermés dans des pots en verre pendant quels mois pour obtenir le produit fini.
Son nouveau prêt lui permettra d’acheter en plus de l’encens brut différents parfums pour la fabrication de plusieurs saveurs d’encens.
Les bénéfices de cette activité lui permettront en plus d’apporter son soutien à son mari dans la gestion globale du ménage et mieux assister ses enfants dans leur scolarité.
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