Sop Dabakh1 Group
Mrs. Seyni N., standing on the left in the photo raising her hand, is the group’s leader. She is 53 years old. She is married and the mother of five.
Her business is selling fabrics, perfumes, incense and jewelry. With her new loan, she is going to increase her merchandise stock in order to boost her revenues. Her goal is to provide for the school fees for her children and also help with everyday family expenses.
Madame Seyni N. à gauche de la photo levant la main, est responsable du groupe. Elle est âgée de 53 ans. Elle est mariée et mère de 5 enfants.
Son activité consiste la vente de tissus; de parfums; d'encens et de bijoux
Avec son nouveau crédit elle va renforcer son niveau d'approvisionnement afin d'accroitre ses bénéfices.
Son objectif est d'assurer la prise en charge de la scolarité de ses enfants et de participer également à la prise en charge de la dépense quotidienne de la maison
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