Ndeye Fatou's Group
She is 40 years old, married, and mother of five children, including one boy. Her main business is the sale of incense, perfume, clothing, sheets, and shoes.
She has good experience for this type of business, having worked in it for several years.
With this loan, she plans to buy 50,000 francs worth of incense, 50,000 francs worth of perfume, 100,000 francs worth of clothing, and 25,000 francs worth of shoes.
Her objective is to increase her children's savings, to provide for their education, and to help provide for their everyday expenses.
Elle est âgée de 40 ans,elle est mariée et mére de 05 enfants dont 01 garçon. Son activité est le commerce d'encens;de parfums;d'habits;de drap et de chaussures.
Elle dispose d'une bonne expérience pour ce type d'activité pour l'avoir pratiqué pendant plusieurs années.
Avec son financement;elle compte acheter de l'encens pour une valeur de 50 000 f;du parfum pour une valeur de 50 000 f;des habits pour 100 000 f et des chaussures pour une valeur de 25 000f.
Son objectif est d'accroitre l'épargne de ses enfants;d'assurer la scolarité de ses enfants et participer à la prise en charge de la dépense quotidienne.
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