Gerem Yalla Group
Madame Khady N., second from the right in the photo, raising her right hand, is the group leader. She is 54 years old. She is is married and the mother of 2 children, as well as being responsible for her 8 grandsons.
Madame N. sells palm oil, fabrics and hand-woven pagnes [traditional, sarong-like wraparounds]. This loan will allow her to expand her business in order to increase her profits.
Madame N. helps to provide for her family by contributing food and assuring the health of her grandsons.
Madame Khady N., en deuxième position à partir de la droite sur la photo levant la main droite, est responsable du groupe. Elle est âgée de 54 ans. Elle est mariée et mère de 2 enfants. Elle a aussi la charge de ses 8 petits fils.
Elle fait un commerce d'huile palme, de tissus et de pagnes tissé à la main.
son crédit lui permettra d'élargir son activité afin d'accroitre ses bénéfices.
Elle participe à la prise en charge familiale par la nourriture et la santé de ses petits fils
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