Mrs. Aissatou (the one seated at the far right in the photo) is the star borrower of her group. She is 41 years old and married. She is a trustworthy person and plays an important role in the smooth functioning of the banc villageois. She sells cloth, which she most often buys in the capital city or in a neighboring country in order to resell for credit or for cash, depending on the customer.
With her new loan, she plans to buy quality lightweight cloth to resell by 6-yard [5.5 meters] piece.
Her revenues will allow her to better help her husband manage the family expenses, especially the children’s school fees.
Madame Aissatou (accroupie à l’extrême droite), est l’emprunteuse vedette du groupe. Elle est mariée, âgée de 41 ans. C’est une des personnes morales du banc villageois et joue un rôle important dans son bon fonctionnement. Elle s’active dans la vente de tissus qu’elle achète le plus souvent à la capitale ou dans un pays frontalier pour la revente à crédit ou au comptant selon le client.
Avec son nouveau prêt, elle compte acheter des étoffes de qualité légère pour la revente par pièce de 06 yards.
Les bénéfices lui permettront de mieux assister son mari dans la gestion du foyers surtout des frais scolaires des enfants.
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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