Nene Galle's Group
Mrs. Néné Gallé (at the far right in the sitting row) is the group's featured borrower. She's married and the mother of one boy and one girl. She sells local products such as palm oil, peanut paste, and "néttétou" (a local seasoning).
She buys products wholesale and then send them to her daughter, who is married and lives in a central region, to resell them over a one-month period. Her new loan will enable her to buy 4 cans of palm oil, 2 baskets of 30 kg of "néttétou", and a few sacks of charcoal to resell.
Her profits will be mainly used to support her husband in taking sanitary care of their sick son.
Madame Néné Gallé (assise à l’extrême droite), est l’emprunteuse vedette de ce groupe. Mariée et mère d’un garçon et d’une fille. C’est une dame qui s’active dans la vente de produits du terroir tels que l’huile de palme, la patte d’arachide et le « néttétou » assaisonnement local. Elle achète en gros pour l’envoyer à sa fille mariée dans une région du central pour la revente par placement d’un mois.
Son nouveau prêt lui permettra d’acheter 04 bidons d’huile palme, 02 paniers de 30 kilos de « néttétou » et quels que sacs de charbon pour la revente.
Les bénéfices serviront en grande parti à soutenir son mari dans la prise en charge sanitaire de son fils malade.
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