Sope Serigne Bara Group
Madame Diarra F. (the only woman standing up in the photo) is the president of the group. She is 28 years old. She is married and the monther of 4 children she cares for.
She sells handwoven fabric. She purchases her wares in the capital (Dakar) to resell them in the weekly market which happens each Monday in her village.
Her new loan will allow her to purchase more sstock in order to generate more revenues.
The profits generated by her business allowe her to contribute to her family's expenses and to start raising chickens in her yard.
Madame DIARRA F. (la seule femme debout sur la photo) est responsable du groupe. Elle est âgée de 28 ans. Elle est mariée et mère de 04 enfants en charge.
Elle fait du petit commerce de pagnes tissés. Elle s'approvisionne à la capitale (Dakar) pour revendre dans le marché hebdomadaire qui se tient tous les lundis dans son village.
Son nouveau crédit lui permettra de renforcer son niveau d'approvisionnement afin d'accroitre ses revenus financiers
Les bénéfices générés par son petit commerce lui permettent de participer à la prise en charge de sa famille et à développer un petit élevage de volailles à domicile
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