Ngekhokh Coin Sidy Group
Ndeye Ndombour is 54 years old and married. She is the mother of 9 children, 3 boys and 6 girls. Her eldest child is 37 years old. She sells millet and groundnuts that she buys in the Groundnut Basin and resells at the market. Her new loan of 500 000 francs will allow her to buy a ton of millet and a ton of groundnuts. She uses her profits to help her 84-year-old husband who is no longer able to do anything. She also manages to pay for the education of 3 of her daughters, the eldest of whom is at university.
Madame Ndeye Ndombour est mariée et âgée de 54 ans,elle est mère de 9 enfants dont 3 garçons et 6 filles,son ainé a 37 ans .Elle fait du commerce de mil et d’arachide quelle achète dans le basin arachide et revend ca dans le marché. son nouveau prêt de 500000f lui permettra d'acheter 1 tonne de mil et une tonne d'arachide.
avec ses bénéfice elle aide son mari âgé de 84 ans qui ne peu plu rien faire. elle parvient aussi a payer la scolarité de 3 de ses filles dont la plus grande est a l"université.
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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