Sope Mame Diarra Group
With the goal of increasing their purchasing power, the women decided to join the Caurie Micro Finance institution. This is their second time working with Caurie and all their previous loans have been properly repaid.
Bado F., standing, edge of photo, arms crossed, is the group's leader. She is 56 years old, and sells fruits in season. She obtains her supplies in Louga and sells at retail in her village. This new loan will allow her to regularly increase her stock of fruits. She contributes to the improvement of her family's living conditions and at the same time, increases her level of savings.
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.
Bado F., debout à l’extrême de la photo, bras croisés, est responsable du groupe. Elle est âgée de 56 ans. Elle est vendeuse de fruits de saison. Elle s’approvisionne à Louga et revende au détail dans son village
Ce nouveau prêt lui permettra de renforcer régulièrement des fruits en quantité
Elle contribue à l’amélioration des conditions de vie de la famille tout en renforçant son niveau d’épargne.
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