Ndiongolor Eglise Group
Mrs. Khady L., whose photo appears in the medallion, is the group’s leader. She is 49 years old and a widow, taking care of her six children as well as of her own mother. She sells millet and pigs. She plans to use her loan of 50,000 West African Franc to bolster her business capital. The income generated by her business will allow her to provide for everyday family expenses.
Madame Khady L. mise en médaillon ; est responsable du groupe ,elle a 49 ans .elle est veuve et a 6 enfants et sa mère en charge.
Elle fait du commerce de mil et de porcs.et avec son prêt de 50000 francs elle compte augmenter ses fond de commerce.
Les profits générés par son activité lui permettront de prendre en charge les dépenses quotidien de sa 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