This group of 18 women has existed since October 24th, 2007, the creation date of the "bank villageois" that it belongs to. It is made up of women who live in the same village and surrounding villages. They are proud of their common understanding and solidarity. Their main business is retail.
Ndéye, standing in the picture and raising her hand, is 46 years old, married and the mother of 3 boys and 3 girls. She is a retailer and sells fabrics. She will therefore use the loan she has received to buy various types of fabrics (khartoum, wax). The profits she earns allow her to strengthen her business and increase her gains, which she will use to build her savings and pay her interest.
Ce groupe de 18 femmes existe depuis le 24 octobre 2007, date de création du Banc Villageois qui l'abrite. Il est constitué de femmes qui habitent dans le même village et ceux des alentours. Une entente des femmes et une solidarité avérée fait leur fierté. Leur principale activité est le commerce.
Ndéye est âgée de 46 ans, debout sur la photo et levant la main, elle est mariée et mère de 3 garçons et de 3 filles. Elle fait comme activité le commerce, elle vend des tissus. Ainsi avec le prêt reçu elle va acheter divers catégories de tissu( khartoum, wax).
Les bénéfices obtenus lui permettent de renforcer son commerce pour plus de retombées, ce qui lui servira d'augmenter ses épargnes et de payer ses intérêts.
About CAURIE Micro Finance
The 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.