Bakh Yaye Group
Mrs. Magatte D., on the right in the photo, is the group leader. She is 32, married and raising four children. She has a little business selling vegetables and she also has a kiosk where she sells bread. Her loan will allow her to add to her stock of vegetables so that she can expand her profit.
Her goal is to help improve living conditions for her family and to add to her savings.
Madame Magatte D., à droite de la photo est responsable du groupe. Elle est âgée de 32 ans. Elle est mariée et mère de 04 enfants en charge.
Elle fait un petit commerce de légumes. Elle est aussi détentrice de kiosque où elle vend du pain.
Son crédit lui permettra d’augmenter son niveau d’approvisionnement en légumes afin d’accroitre ses bénéfices.
Elle a comme objectif de participer à l’amélioration des conditions de vie de sa famille et de renforcer son épargne.
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