Sop Serigne Saliou Group
Mrs Ouleymatou S., to the right on the picture and wearing a black scarf with green and blue flowers sewn all over it, chairs the group. She is 54 years old, married and the mother of six children. In addition, family members have entrusted four other children to her care.
She sells second-hand clothes. She gets her supplies at the central market in Louga and resells them in her neighborhood. Her new loan will enable her to bolster her inventory level and increase her earnings. Her objective is to expand her business and strengthen her savings level.
Madame OULEYMATOU S. à droite de la photo, emmitouflée d'une écharpe noir parsemée de fleurettes vertes et bleues est responsable du groupe. Elle est âgée de 54 ans. Elle est mariée et mère de 06 enfants. Elle a aussi la charge de 04 autres qui lui sont confiés par des proches.
Elle est vendeuse de friperie. Elle s'approvisionne au marché central de Louga pour revendre dans son quartier.
Son nouveau crédit lui permettra de renforcer son niveau d'approvisionnement afin d'accroitre ses bénéfices.
Son objectif est d'agrandir son commerce et de renforcer son niveau d'épargne.
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