Raggal Yalla Group
Mrs. Ndawa S., who is standing on the far right of the photo is in charge of the group. She is 40 years old, married and mother to seven children, as well as being guardian to two other children (a niece and nephew).
She has a van at the central market in her neighborhood, from which she sells various food products and clothing. Her new loan will allow her to strengthen her capacity to stock up with goods in order to increase her profit margin.
Her goal is to help her husband to improve the family's living conditions, in terms of food and health for example.
Madame NDAWA S. debout à l'extrême droite de la photo est responsable du groupe. Elle est âgée de 40 ans. Elle est mariée et mère de 07 enfants et également tutrice de 02 deux enfants (une nièce et un neveu)
Elle gère une cantine au marché central de son quartier. Une cantine où elle divers produits alimentaires et vestimentaires.
Son nouveau crédit lui permettra de renforcer sa capacité d'approvisionnement en marchandise afin d'accroitre sa marge bénéficiaire.
Son objectif est de soutenir son mari dans l'amélioration des conditions de vie de sa famille. Par exemple la nourriture et la santé.
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