Cheikh Makhtar Group
Mrs. Aminata N., standing in the second row in the photo, is the group leader. She is 34, married, and the mother of six children. She is also responsible for two other children who were confided to her care by relatives.
She sells beaded necklaces, belts, and incense. She stocks up on merchandise in Touba and in Dakar and sells her goods in her neighborhood at weekly markets. With her loan, she is going to expand her stock of beads, belts and incense. Her goal is to help support her family and be responsible for her own personal needs.
Madame Aminata N. debout au second rang sur la photo est responsable du groupe. Elle est âgée de 34 ans. Elle est mariée et mère de 6 enfants. Elle a aussi la charge de 2 autres enfants confiés par des proches.
Elle fait un petit commerce de colliers en perle, de ceinture et d’encens. Elle s’approvisionne en marchandises à Touba et à Dakar pour revendre dans son quartier lors des marchés hebdomadaires.
Ave son crédit elle va renforcer sa marchandise en perle, en ceinture et en encens.
Son objectif est de participer à la prise en charge de la famille et de subvenir à ses besoins personnels
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