Foyer De La Femme Ndande Group
Ms. Fatou is the featured borrower. She is 49 years old, married, and the mother of six children, all girls. She has a business selling millet porridge. In the photo, she is the one standing at the right dressed in a nice blue 'boubou', and her left hand is raised.
She resupplies herself with millet for business purposes from area markets.
Her wish is to use her profits to bolster her savings, so as to obtain a more substantial loan.
Madame Fatou l'emprunteur vedette est âgée de 49 ans; mariée elle est mère de six enfants toutes des filles; elle mène une activité de vente de bouillie de mil. Sur la photo elle est debout à droite habillée en grand boubou bleu et a levé la main gauche.
Elle se ravitaille en mil pour les besoins de son activité dans les marchés environnants
Son prêt lui servira à acheter du mil en grande quantité pour mener à bien sa vente de bouillie et ainsi se faire beaucoup de revenus.
Elle souhaite avec ses bénéfices renforcer son épargne afin d'obtenir un prêt plus consistant.
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