The group leader, Ms. Ndeye Coumba, is a 57-year-old married mother of four children, all of whom are girls. She is standing on the left in the photo, wearing a multicoloured scarf. She has run a business selling peanut paste and has also farmed poultry for a long time.
Her new loan of 445,000 FCFA will allow her to buy buckets of peanut paste and young chicks that she will raise and resell later.
The profits from her business allow her to take care of her daughters' nutritional, educational, and health needs, and to increase her savings at the local village loan fund.
le responsable madame Ndeye Coumba est une femme mariée âgée de 57 ans et mère de 4 enfants toutes des filles. Elle est debout à gauche de la photo recouvert d'un écharpe multicolore. Elle s'active dans le commerce de patte d'arachide et et fait en même l'aviculture depuis longtemps.
Son nouveau crédit de 445000 francs cfa lui permettra de payer des seaux de patte d'arachide et de poussins qu'elle va élever et revendre plus tard.
les bénéfices de son activité lui permettent de prendre en charge les besoins alimentaires scolaires et sanitaires de ses filles et d'épargner au niveau du banc villageois.
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