The "banc villageois" that this group belongs to was created on the 1st of February, 2000. It is made up of 6 women who live in the same village and are all retailers. Ndèye is the group representative. She is 58 years old, married and the mother of 3 children, 2 boys who are 35 and 18 years old, and one 10-year-old girl. She is standing on the far right in the picture and wearing the blue and white boubou. She plans to use her loan to buy 20 bags of millet (at 250 000 per bag) and 6 bags of beans (at 150 000 francs per bag). The profits generated by her business allow her to take care of her family's food needs and to build her savings in the "banc villageois".
le banc villageois abritant ce groupe a été créé le 01/02/2000. Il est composé de 6 femmes qui habitent le même village et font toutes le commerce.Ndèye est la représentante du groupe elle est âgée de 58 ans ,marié et mère de 3 enfants don 2 garçons de 35 et 18 ans et une fille de 10 ans. Elle est placé a l’extrême droite de la photo et porte le boubou bleu blanc. Avec son prêt elle compte acheter 20 sacs de mil à 250000f et 6 sacs de haricot à 150000f.Ses bénéfices réalisées lui permette de prendre en charge les besoins alimentaire de sa famille.et de renforcer ses épargnes dans le BV.
More information about this loan
This loan is going to a borrower or borrower group living in a rural area.
About CAURIE Micro Finance
The 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.