Ndiomdy Ngor Ndiaye Group
Mrs. Fatou Gnilane D., who is raising her hand and is also in the inset picture, is in charge of the group. She is 54 years old, married and mother to two children. She also has responsibility for her two nephews.
She has a small food products business (onions, tomatoes, rice, etc.). With her new loan of 50,000CFA she will be able to organise her small business better in order to increase her profits. The profits generated by her business will allow her to help her husband to take care of the family.
Madame FATOU GNILANE D. levant la main et mise en médaillon, est responsable du groupe. Elle est âgée de 54 ans. Elle est mariée et mère de 2 enfants. Elle a la responsabilité de ses deux neveux.
Elle fait du petit commerce de denrées alimentaires (oignons, tomates, riz etc.)
Et avec son nouveau crédit de 50.000 francs CFA elle va elle va mieux organiser son petit commerce afin de pouvoir l'étendre et accroitre ses bénéfices.
Les profits générés par son activité lui permettra de soutenir son mari dans la prise en charge de la famille.
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