Diouma Ngor's Group
Diouma is 50 years old. She is standing at the right-hand side in the photo. She is married and the mother of two boys. For the past five years, she has been actively involved in fattening cows and sheep.
She will use her loan to buy an ox at a cost of 130,000 francs. This will help her to increase the size of her herd. She raises livestock for resale after one to two years.
She uses her profits to increase her savings and to support her grandchildren.
Diouma debout à droite de la photo et levant la main, est âgée de 50ans. Elle est mariée et mère de 2 garçons. Elle s'active dans l'embouche ovine et bovine, une activité qu'elle mène depuis 5 ans. Avec le prêt reçu elle va acheter un bœuf à 130 000f pur renfoncer son troupeau. Elle élève les bêtes et au bout de 1 à 2 ans les revend.
Les bénéfices obtenus lui servent à épargner et aussi à entretenir ses petits enfants.
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