Beug Fallou Group
Mrs. Aissatou N. (the woman standing in the photograph) is the leader of the group. She is married and mother of two children for whom she is responsible.
She has a small business selling vegetables. She buys stock from a distributor and then resells in her village. She also grazes cattle. She has a lot of experience in these businesses as she has worked in them for over five years.
The new loan will allow her to grow the business in order to increase revenues. Her goal is to meet her needs and those of her family.
Madame Aissatou N. (la seule femme debout sur la photo) est responsable du groupe. Elle est mariée et mère de 02 enfants en charge.
Elle fait du petit commerce de légumes. Elle s'approvisionne en demi gros et revend dans le village. Elle fait aussi de l'embouche bovine. Elle est bien expérimentée dans ces domaines d'activité pour les avoir pratiquées depuis plus de cinq ans.
Son nouveau crédit lui permettra de mieux développer son activité afin de gagner plus de revenus.
Son objectif est de subvenir à ses besoins et à ceux 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