Touba Cadior Group
The president of this group, Fatou, is a married woman of 37 who has one daughter in her care. Her business is buying and selling. She sells shoes and clutch bags. She also fattens animals. She buys her goods in Petersen market, in Dakar, and makes her sales in Sagatta. In the photo, she is dressed in pink and has her hand raised.
Fatou would like to use 70,000 francs of this loan to buy two sheep and the rest to buy merchandise for her sales business.
With the profits she makes from her business, Fatou strengthens her savings so that she can take out a larger loan and thereby guarantee her daughter's future.
La présidente de ce groupe, Fatou est une femme mariée de 37 ans avec une fille en sa charge. Elle fait du petit commerce. Elle vend des chaussures, pochettes. Elle fait aussi de l'embouche. Elle achète ses articles au marché Pétersen de Dakar et revend à Sagatta. Sur la photo, elle est habillée en rose et a la main levée.
Avec son prêt, elle voudrait 02 moutons à 70000F et avec le reste de l'argent elle va acheter des marchandises pour son commerce.
Avec ses bénéfices, elle renforce ses épargnes afin d'obtenir un prêt plus grand pour assurer l'avenir de sa fille.
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