Aba Ndiaye Group
Mrs Fatou, standing on the right-hand side of the photo and raising her hand, chairs the group. She is 53 years old, married and the mother of five children. She also takes care of four other children that their parents entrusted to her care. She sells palm oil and lemon juice. After several years in this activity she has a lot of experience. She will use her loan to increase her working capital and develop her business. The profit from her activity will enable her to improve the living standard of her family (healthcare, food, clothing, etc.) and save more money.
Madame Fatou qui est à la droite de la photo levant la main est responsable du groupe. Elle est âgée de 53 ans. Elle est mariée et mère de cinq enfants. Elle a aussi en sa charge quatre autres enfants confiés par ses parents.
Elle s’active dans la vente de l'huile de palme et de jus de citron. Elle a une bonne expérience dans ce domaine d’activité qu'elle pratique depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.
Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.
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