Ndiague is 26 years old, married and the mother of 4 children; 3 boys and one girl. She is standing and raising her right hand in the picture. She plans to use the loan she has received to buy clothes which she resells to her customers in the surrounding villages. Her profits enable her to improve her children's living conditions.
Ndiague âgée de 26 ans est mariée et mère de 4 enfants dont 3 garçons et 1 fille. Elle est debout sur la photo et levant la main gauche.
Avec le prêt reçu elle compte acheter des habits qu'elle revend auprès de ses clients dans les villages environnants.
Les bénéfices lui permettent d'améliorer les conditions de vie de ses enfants.
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