Mrs. Mariama (the one seated on the far right raising her left hand) is the star borrower of the group. She is married and the mother of three children ranging from ten to 15 years of age: one boy and two girls. She is a very energetic woman selling fritters and fishcakes she cooks at home for resale at the market. She has been in this business over five years and knows her customer base well.
With this new loan, she plans to buy 25 kg [55 lbs] of flour, a 10-liter [2.6 gal] jug of vegetable oil, sugar and various ingredients needed to cook fritters and fishcakes for resale. Thanks to her revenues, she plans to take an active part in providing for household needs (the children's school fees, clothing and healthcare) and use the rest to grow her savings.
Madame Mariama (assise l’extrême droite avec la main gauche levée) est l’emprunteuse vedette du groupe. Elle est mariée et mère de trois enfants dont un garçon et deux filles âgés de 10 à 15 ans. C’est une dame très dynamique, elle est vendeuse de beignets et boulettes à base de poissons qu’elle prépare à la maison pour la vente au marché. Elle pratique cette activité depuis plus de 05 ans et a une bonne maîtrise de sa clientèle.
Avec son nouveau prêt, elle compte acheter de la farine pour 25 Kg, de l’huile pour un bidon de 10 litre, du sucre et divers ingrédients pour la préparation de beignets et boulettes pour la vente.
Avec les bénéfices, elle compte participer très activement à la gestion des charges familiales (scolarité des enfants, habillement et santé), d’une part et d’autre part accroître son épargne.
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