Mboudaye Sine Group
Ms. Mayé is a 62-year-old married woman. She is the mother of three children, and she has a grandson entrusted to her. Mayé is active in the commerce of a variety of goods (palm oil, sugar, powdered soap, etc.)
Thanks to her new loan, she is going to acquire the previously cited merchandise: 20 liters of palm oil, 50 kg of powdered sugar, and 25 kg of powdered soap.
The profits made will enable Mayé to pay for her children's clothing and school supplies and also to bolster her savings at the banc villageois.
Madame Mayé est une femme mariée âgée de 62 et mère de 3 enfants et un petit fils qui lui est confié.
Mayé s'active dans le commerce de de produits divers (huile de palme, sucre, savon en poudre etc..)
Grâce a son nouveau crédit elle va se procurer de la marchandise pré-cité; 20 litres d huiles de palme 50 kilogramme de sucre en poudre 25 kilogramme de savon en poudre.
Les bénéfices réalisées lui permettront de payer des habits des fournitures scolaires a ses enfants, mais également de renforcer ses épargnes au niveau du banc villageois.
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