Ms. NDACK MAI F. (standing at the far right in the photo and snug in a brown scarf) is the group’s leader. She is 40 years old, married, and the mother of four children. And she has her nephew in her care. She has a small business involving fish at the city's central market. And concurrently, she sells fabrics. She has good experience in these business domains for having run them for over three years.
With her new loan, she is going to increase her supplies of fish and fabrics, so as to retain her customers and to generate revenues. Her goal is to support her husband in meeting the health care needs of the family and the schooling costs of the children.
Madame NDACK MAI F. (debout à l'extrême droite de la photo emmitouflée d'une écharpe marron) est responsable du groupe. Elle est âgée de 40 ans. Elle est mariée et mère de 04 enfants. Elle a en charge son neveu.
Elle fait un petit commerce de poissons au marché central de la ville. Et parallèlement elle vend des tissus. Elle a une bonne expériences dans ces domaines d'activité pour les avoir menées depuis plus de trois ans.
Avec son nouveau crédit elle va augmenter son niveau d'approvisionnement en poissons et tissus pour mieux fidéliser sa clientèle et générer des revenus financiers.
Son objectif est de soutenir son mari dans la prise en charge de la santé des membres de la famille et de la scolarités des 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