The solidarity group Sop Serigne Fallou was created on December 3, 2009. It is composed of 36 women, all living in the same neighborhood and knowing each other because they are neighbors and friends. Most of them run small stores, or are active in agriculture or processing.
Mrs Fatou Abdou N., standing to the right in the picture and wearing a green dress, chairs the group. She is 23 years old, married and the mother of four children. In addition, she cares for her younger sister and her husband's niece. She breeds sheep. At the same time, she sells footwear and seasonal fruit. Her objective is to contribute to improved living conditions for her family, provide for her needs and save an appreciable amount of money.
Le groupe de solidarité SOP SERIGNE FALLOU est créé le 03 décembre 2009. Il est composé de 36 femmes qui habitent la même localité. Elles ont formé leur groupe par voisinage et par affinité. Leurs activités dominantes sont le petit commerce, l'agriculture et la transformation.
Madame FATOU ABDOU N. debout à droite sur la photo, habillée en vert est la responsable du groupe. Elle est âgée 23 ans. Elle est mariée et mère de 04 enfants. Elle a aussi la charge de sa petit sœur et la nièce de son mari
Elle fait de l'embouche ovine. Et parallèlement elle vend des chaussures et des fruits de saison.
Son objectif est de participer à l'amélioration des conditions de vie de sa famille, subvenir à ses besoins et constituer une bonne épargne.
About CAURIE Micro Finance
The 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.