Bakh Yaye Group
Maguette is 34 years old, married and the mother of 3 children. She is standing on the left of the picture, wearing a blue dress, and is the group's leader. She has been selling vegetables for nearly 5 years. She has a good experience in this area. Her new loan of 200 000 francs will enable her to buy some merchandise (lettuce, parsley, tomatoes, etc.). The profits she makes allow her to save money with the "banc villageois" and also to strengthen her business.
Madame Maguette est une femme mariée agée de 34 ans et mère de 3 enfants.
Maguette (debout à gauche de la photo habillé en robe bleu) est le responsable du dit groupe. Elle s'active dans le commerce par la vente de légumes depuis bientôt 5 ans. Elle dispose d'une bonne expérience dans ce domaine.
Son nouveau crédit de 200.000 XOF lui permettra de se procurer de la marchandise(salade, persil, tomate ...)
Les bénéfices qu'elle réalise lui permettent d'épargner au niveau du banc villageois mais également de enforcer son activité.
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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