Sope Naby Group
In an attempt to increase their purchasing power, they decided to join the CAURE MICRO FINANCE organization. This is their second experience with this institution and their previous loans were repaid without incident.
Mrs. Aya F., standing at the far right of the photo and dressed in black, is the head of the group. She is 38 years old. She has a small business selling fabrics, kitchenware, mobile phones, etc. She gets her stocks in Nouakchott, the capital of Mauritania. Her clientele consists mostly of women.
She plans to use her loan to boost her stocks of merchandise, which she will sell in her village. She expects to make a profit that will allow her to provide for the various needs of the family.
Dans l’intention d’augmenter leur pouvoir d’achat, elles ont décidé d’adhérer à l’institution CAURIE MICRO FINANCE. Elles sont à leur deuxième expérience avec cette dite institution et tous leurs prêts précédents ont été bien remboursés.
Madame Aya F., debout à l’extrême de la photo, de noir vêtue, est responsable du groupe. Elle est âgée de 38 ans. Elle fait un petit commerce de tissus, d’ustensiles de cuisine, de téléphones portables, etc. elle s’approvisionne à Nouakchott capitale de Mauritanie. Sa clientèle est composée essentiellement de femmes.
Avec ce prêt elle compte renforcer sa marchandise énumérée ci-dessus qu’elle vendra dans son village.
Elle compte réaliser un bénéfice qui lui permettra de participer aux différents besoins de la 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