Nene Galle's Group
Ms. Néné (sitting at the far right with a hand raised), is the featured borrower of the group. She is married, 39 years old, and a mother of four children (3 girls and 1 boy). She is the manager of a store in her village. She [purchases] her merchandise wholesale and demi-wholesale at the commune’s central weekly market and then resells the goods retail in her village. She has a lot of experience in this domain.
With her new loan, she intends to purchase rice for 100,000 francs CFA; oil for 52,500 francs; some onions; and a various flavorings.
With the profits made, she plans on improving her family's living conditions (food, healthcare) and increasing her savings.
Madame Néné (assise à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est mariée, est âgée de 39 et mère de 04 enfants dont 03 filles et un garçon. Elle est gérante de boutique dans son village, elle sa marchandise en gros et demi gros au marché central de la commune ou au grand marché hebdomadaire pour la revente au détail dans son village. Elle a une grande expérience dans ce domaine.
Avec son nouveau prêt, elle compte acheter du riz pour 100 000 Fr CFA, de l’huile pour 52 500 Fr CFA, de l’ognon et divers bouillons culinaires.
Avec les profits réalisés, elle compte améliorer les conditions de vie de sa famille (nourriture, santé), et augmenter son épargne.
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