Sope Serigne Mourtalla/ndoffene Group
The area where the Banc Villageois is established is very favorable to commerce due to the weekly markets which faciliate the women's businesses, such as the fattening of cattle and/or sheep, small-scale commerce, the production and sale of peanut oil, the sale of fresh fish, etc. Given this, most of the women of the village are devoting all their time to lucrative work. And this new loan will enable them to increase their level of self-financing in order to develop their businesses further.
Ms. Khémesse F. (standing at the far right in the photo and wearing a white pagne cloth at her waist for carrying her baby on her back) is 23 years old and the married mother of three children to support. She is a seller of local grains and peanuts. She criss-crosses the weekly markets in the area to sell her produce. Her goal is to help improve her family's living conditions while boosting her saving.
Madame Khémesse F., debout à l'extrême droite de la photo portant à la taille un pagne blanc pour le port de son bébé au dos est âgée 23 ans, elle est mariée et mère de 03 enfants en charge. Elle est vendeuse de céréales locales et d’arachides, elle sillonne les marchés hebdomadaires des environs pour écouler son produit. Son objectif est de participer à l'amélioration des conditions de vie de sa famille tout en renforçant son niveau d’épargne.
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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