Mame Ngone's Group
The group leader, Mrs. Mame Ngoné, is 39, married, and has several children, including a boy and a girl who both go to school.
She is currently involved in cosmetics retail business. With this new loan, she will buy bags of hair weaves and other beauty products such as lotions and perfumes, which she will retail, both in her neighborhood and to some banc villageois members. The profits will enable her to feed her children and take care of their school fees, as well as to consolidate her savings with the banc villageois.
La responsable madam Mame Ngoné est une femme mariée âgée de 39 ans et mère de enfants dont un garçon et une fille tous deux scolarisés.
Actuellement elle s 'active dans le commerce d produits de beauté avec son nouveau crédit elle va acheter des paquets de greffages et produits de beauté composé de lait de toilettes et de parfums qu'elle va revendre au détail au niveau de son quartier et du banc villageois. Les bénéfices réalisés lui permettent de prendre en charge les besoins alimentaires et scolaires d ses enfants et de rnforcer ses epargnes au niveau du banc villageois.
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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