The leader of the group, Ndoumbe, is a married woman and a mother of four children (three boys and one girl). She practices sheep farming and also sells fruits and vegetables in the village market.
With the earnings received, she hopes to be able to increase her savings and diversify her business.
La responsable du groupe Ndoumbé est une femmes mariée, mère de 4 enfants ( 3 garçons et 1fille) .
Elle s'active dans l'élevage de moutons et dans la vente de fruits et légumes au marché du village .
Avec les bénéfices obtenus, elle espére pouvoir développer son épargne et diversifier son activité.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
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