Khady Niang's Group
Khady is 38 years old. She is married but has no children. She is standing on the left of the picture and raising her hand. She plans to use the loan she has received for her business. She will buy beans (cowpeas), groundnuts and millet which she will resell. She also plans to have shoes made for resale. The profits generated by her business enable her to support her husband in providing for the family's needs.
Khady est âgée de 38 ans. Elle est mariée mais n'a pas d'enfants. Elle est debout à droite de la photo et lavant la main
Avec le prêt reçu elle envisage de faire du commerce. Elle achète des haricots(niébé), de l'arachide, du mil qu'elle va revendre. Elle compte faire confectionner des chaussures pour les vendre aussi.
Les bénéfices générés lui permettent de soutenir son mari dans la prise en charge des besoins de la famille.
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