Bok Xalaat Group
The head of the group is Mrs. Fatou D., standing at the far right of the photo, wearing a large white caftan and wrapped in a red scarf. She is 45 years old, a widow and mother of two dependent children. She also supports another child entrusted to her, and her grandmother.
She sells fabrics. She gets her stocks in Mauritania for resale around her neighborhood in Coki. She plans to use her loan to buy wax cloth and Khartoum fabrics. Her goal is to provide her children and her grandmother with food and healthcare, and pay for the children’s tuition.
Madame Fatou D. debout à droite de la photo de grand boubou blanc vêtue, emmitouflée avec une écharpe rouge est responsable du groupe. Elle est âgée de 45 ans. Elle veuve et mère de 2 enfants en charge. Elle a aussi la charge d’un enfant qui lui est confié et celle de sa grand-mère.
Elle fait un commerce de tissus. Elle s’approvisionne en Mauritanie pour revendre dans son quartier à COKI.
Avec son crédit elle va acheter des tissus wax et Khartoum pour revendre dans son quartier.
Son objectif est d’assurer la santé, la nourriture et le payement de la scolarité de ses enfants et de sa grand-mère.
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