Sop Sokhna Astou Group
The group leader, Mbeugué Guéye, is married and the mother of three children. She is on the right of the photo. She sells fruits and vegetables and cosmetic products.
She gets her supplies from the large city market and resells in her neighborhood.
She is requesting a 50,000 Francs loan to increase the amount of items she sells.
With her profit she helps her husband in supporting the family.
La responsable Mbeugué Guéye est mariée, mère de trois enfants. Elle est à droite sur la photo, elle vend des fruits et légumes et des produits cosmétiques.
Elle s’approvisionne au grand marché de la ville et revend dans son quartier
Elle a sollicité le prêt de 50 000 F pour augmenter les produits à acheter.
Avec ses bénéfices elle aide son mari pour les charges familiales.
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