Sop Serigne Mountaka Group
Ms. FATOU L. is the president of the SOP SERIGNE MOUNTAKA group. (She appears at the right in the photo and is dressed in white). She is 37 years old, married, and the mother of three children. She sells cloth in her district and at the central market. She is experience in this domain. Her goal is to increase her supply of merchandise. She helps her husband to cover family expenses.
Madame FATOU L. à droite de la photo, de blanc vêtue, est la présidente du groupe SOP SERIGNE MOUNTAKA. Elle est âgée de 37 ans. Elle est mariée et mère de 3 enfants.
Elle vend des tissus dans son quartier et au marché central. Elle est expérimentée dans ce domaine.
Elle a comme objectif d'augmenter son niveau d'approvisionnement en marchandises. Elle aide son mari dans la prise en charge familiale.
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