The featured borrower is Ndéye. She is 28 years of age, married, and has no children. She works as a hair stylist, and has a hair salon in the village. Her business is doing really well. Ndéye is pictured on the right holding a book. She plans to equip her salon by buying hairdressing materials (hair extensions, weave, pots of gel, scissors, etc.) and chairs. Her profits will allow her to save, provide for herself and help her parents.
L'emprunteur en vedette madame Ndéye a 28 ans c'est une femmes mariée sans enfant; elle est coiffeuse et a un salon de coiffure dans le village et son activité marche très bien. Elle est à droite sur la photo tenant un livret.
Elle va équiper son salon en achetant du matériel pour la coiffure ( mèches, greffage, pots de gel,....ciseaux) et des chaises.
Les bénéfices lui permettent d'épargner, de prendre en charge ses besoins et d'aider ses parents.
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