Sope Serigne Fallou/ndoffene Group
The head of the group is Mrs. Nar N., standing in the right of the photo in the full yellow robe with flowers. She is 58; married and a mother of 7 children. She fattens sheep and sells millet and groundnut oil that she prepares by hand. Her new loan will allow her to strengthen her business in order to obtain more earnings which will contribute to the improvement of her family's living conditions, such as food and health.
La responsable du groupe de solidarité Madame NAR N. debout à droit de la photo en grand boubou jaune avec de fleurettes, est âgée de 58 ans ; elle est mariée et mère de 7 enfants en charge. Elle fait de l’embouche ovine et vend du mil et de l’huile d’arachide qu’elle prépare de ses mains. Son nouveau prêt lui permettra de renforcer son activité afin de se procurer de plus de bénéfices qui contribueront à l’amélioration des conditions de vie de sa famille, par exemple la nourriture et la santé.
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