Sope Seringe Saliou Group
The president of the cooperative group, Mrs. Téning Mignane N. (standing at the right of the photo in the second row) is 48 years old, married and the mother of 8 children in her care. In addition, she is guardian to 7 other children of relatives and friends. She fattens cows and sheep, and is very experienced in this area after more than a decade in the business. With her new loan she will purchase more animals to make more profit and improve living conditions for her family.
La présidente du groupe de solidarité, Madame Téning Mignane N. debout à droit de la photo en deuxième rang, est âgée de 48 ans, elle est mariée et mère de 8 enfants en charge, et en sus elle est tutrice de 07 autres confiés par des parents et des proches. Elle fait de l’embouche bovine et ovine. Elle est très expérimentée dans ce domaine d’activité pour l’avoir menée pendant plus d’une décennie. Avec son nouveau prêt elle va renforcer achat en animaux afin de réaliser plus de bénéfices et de pouvoir contribuer à l’amélioration des conditions de vie de sa famille.
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