Sop Mame Cheikh Group
Mrs. Sado F., who is on the far right of the photo above and is wearing the mauve gown, is the head of the group. She is 56 years old. She is married and the mother of five children.
Her husband is the owner of a shop selling car parts, materials, generators, a small selection of second-hand engines and refrigerator motors. Loans from MF-Caurie (a microfinance institution) enable him to purchase goods for resale.
The profits from the business contribute to the family's welfare, to paying for their children's school fees and providing health care for the family.
Her goal is to help her husband improve the store's merchandise.
Madame SODA F., debout à l'extrême droit sur la photo vêtue de grand boubou mauve est responsable du groupe. Elle est âgée de 56 ans. Elle est mariée et mère de 05 enfants.
Son mari est détenteur d'un magasin de vente de pièces détachées de voiture, de matériels électrogènes, de mini-chaines de secondes mains et de moteurs de réfrigérateurs. Les prêts qu'elle consent auprès de CAURIE-MF lui permettent de participer à l'achat de la marchandise.
Les bénéfices dégagés à partir de ce commerce servent à contribuer au bien-être familial, au payement de la scolarité des enfants et à assurer la couverture sanitaire de la famille.
Son objectif est d'aider son mari à renforcer le magasin en marchandises
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