Mrs. Boye Guèye N., standing to the right in the photo is the group’s leader. She is 40 years old. She is married and the mother of four dependent children. She sells “thioub,” a traditional tinted fabric. She buys her wares from friends who bring merchandise from the neighboring countries and resells at the local markets. Her new loan will allow her to expand her stock so as to increase her revenues.
Her goal is to grow her savings and to provide for her children’s education.
Madame Boye Guèye N. debout à droite de la photo est responsable du groupe. Elle est âgée de 40 ans. Elle est mariée et mère de 04 enfants en charge.
Elle fait du commerce de thioub. Elle s'approvisionne auprès de ses amies qui achète la marchandise dans les pays limitrophes et revend dans les marchés de sa localité.
Son nouveau crédit lui permettra d'augmenter ses provisions afin d'accroitre ses bénéfices
Son objectif est d'augmenter ses épargnes et prendre en charge les études de ses enfants
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