Mariama Boubacar's Group
Mariama (who is standing on the first right in the photo with her hand raised) is the featured borrower of this group. She is 39 years old, married, and a mother of three children, who are all girls.
Mariama sells food products (rice, oil, sugar) and other consumer goods (soap, detergent), which she buys and sells at retail in her village and surrounds. This new loan will serve to buy two or three packs of green tea, a sac of sugar, and different kinds of seasoned stock, which she will resell.
Earnings will allow her to meet her children's school and health needs, as well as her own needs.
Madame Mariama (debout à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est âgée de 39 ans, mariée et mère de 03 enfants exclusivement des filles. Elle est vendeuse de denrée alimentaire (riz, huile, sucre) et divers autres produits de consommation courante (savon, détergent) qu’elle achète par paquet pour la revente par détail dans son village et environ.
Son nouveau prêt va lui permettre d’acheter du thé vert deux à trois paquets, du sucre un sac et divers bouillions pour assaisonnement en vu de la revente au détail.
Les bénéfices réalisés, lui permettront de satisfaire les besoins de scolarisation et sanitaires de ses enfants et ses propres besoins.
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