Maimouna Seyni's Group
Maimouna (who is seated in the middle of the photo, wearing a green and white tunic and has her right hand raised) is the featured borrower of this group. She is married and a mother of four children, of whom one is a girl and three are boys. Maimouna runs a shop in her village where she sells various consumer goods (rice, oil, sugar, tea, soap, powder detergent, bullion, and other goods). She procures her goods from the central regional market at wholesale or half-wholesale and re-sells them at retail in her village.
She does well with this business. This new loan will be used to reinforce her stock by buying sacs of sugar, rice, and other consumer goods.
Earnings will allow her to actively support her family's needs, especially her children's schooling.
Madame Maïmouna (assise au milieu en tunique vert et blanc avec la main droite levée), est l’emprunteuse vedette du groupe. Elle est mariée, mère de quatre enfants dont une fille et trois garçons. Elle gère une boutique dans son village où elle vend divers produits de consommation courante (riz, huile, sucre, thé, savon, détergent en poudre, bouillions et autres). Elle s’approvisionne au marché central régional en gros et demi gros pour la revente au détail dans son village. Elle jouit d’une très grande expérience dans ce domaine.
Ce nouveau prêt lui permettra de renforcer sa boutique par l’achat de sacs de sucre, de riz et divers autres produits de consommation courante.
Les bénéfices lui permettront de participer activement à la gestion des charges familiales et surtout à la scolarité de ses 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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Success!! The loan was 100% repaid