The featured borrower is Nogaye, age 54, seen in the photo standing on the right and wearing a black scarf. She is a married mother if nine children, two of them boys. Nogaye sells groundnuts, and she also raises sheep and birds. She buys her supplies at the local markets and in the village.
Nogaye will use her loan to buy four 100 kg bags of groundnuts for 20,000F each, one sheep for 50,000F, and two hens for 2,000F each.
She saves her money so that she may someday buy a taxi for her son.
L'emprunteur en vedette de ce groupe, Nogaye, est une femme mariée de 54 ans. Elle a 09 enfants dont 02 garçons. Elle fait du commerce d'arachide, de l’élevage d'ovins, et de l'aviculture. Elle s'approvisionne à dans les marchés environnants et dans le village. Sur la photo, elle est debout à droite avec un châle noir sur les épaules.
Avec Son prêt, elle va acheter 04 sacs de 100kg d'arachide à 20000f le sac, 01 mouton à 50000f et 02 poules à 2000f chacune.
Avec ses bénéfices, elle épargne pour acheter à l'avenir un taxi pour son fils.
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