Astou Sekou's Group
Ms. Astou (sitting at the far right with her right hand raised) is the featured borrower of the group. She is a married mother of four children (two boys and two girls). She has a sewing workshop in the commune, at the district market to be exact. She is helped in this business by two young apprentices, and she has a good mastery in this domain.
With her new loan, she intends to purchase 30 yards of 'riche' damask fabrics, 10 yards of dyed cloth, and 3 rolls of muslin.
With the profits, she plans on having bricks made with the aim of starting construction on her own house.
Madame Astou (assise à l’extrême droite avec la main droite levée), est l’emprunteuse vedette du groupe. Elle mariée et mère de 04 enfants dont 02 garçons et 02 filles. Elle tient un atelier de tailleur dans la commune plus précisément au marché du quartier. Elle est aidée dans cette activité par deux jeunes apprentis et à une bonne maîtrise dans ce domaine.
Avec son nouveau crédit, elle compte acheter 30 yards de basin riche, 10 yards de tissus teintés et 03 rouleaux de tissus de qualité mousseline.
Avec les bénéfices elle compte faire des briques en vu de commencer la construction de sa propre maison.
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