Sope Cheikh Sadieye Mbaye Group
Mrs. Fatim M. is the person responsible for the group. She is standing at the far right of the picture, wearing a large green “boubou” (dress). She is 59 years of age, married and the mother of three children. She also takes care of her three grandsons.
She is a craftsperson: embroidery, crochet, a tailor of “pagnes” (colorful West-African clothing fabric), and creator of bead necklaces. She has been performing these activities since she was a young girl.
With her new loan she will buy thread and fabric for embroidery work, and also coloured beads and nylon string to create her necklaces. Her objective is to bolster her savings and take care of her dependants.
Madame FATIM M. debout à l'extrême droite sur la photo, vêtue de grand boubou vert, est responsable du groupe. Elle est âgée de 59 ans. Elle est mariée et mère de 3 enfants. Elle a aussi la charge de ses 3 petits fils.
Elle fait de l'artisanat. (de la broderie, du crochet, couture de pagnes et fabrique de colliers en perles) Elle mène cette activité depuis qu'elle était jeune fille.
Avec son nouveau crédit elle va acheter des fils et des tissus pour la broderie et acheter également des perles en couleur et du fil en nylon pour fabriquer ses colliers.
Son objectif est de renforcer son épargne et prendre en charge sa progéniture.
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