Bokk Xalaat Group
Ms. MAIMOUNA S. (standing at the far right of the photo) is the group’s manager. She is 26 years old, unmarried, and without children. She has a small business involving rechargeable mobile phone cards. She gets her supplies from phone providerss in order to resell them in her village. On the side, she makes and sells beignets in the village.
This loan, her very first one with CAURIE-MF, will enable her to develop her business further by buying more phone cards and some supplies for making beignets. Her goal is to make sure her mother’s rent is paid in the capital (Dakar) while trying to build substantial savings in the Banc Villageois.
Madame MAIMOUNA S. (debout tout à fait à droite de la photo) est responsable du groupe. Elle est âgée de 26 ans. Elle est célibataire sans enfant.
Elle fait un petit commerce de cartes de recharge téléphonique. Elle s'approvisionne auprès des représentants des opérateurs téléphoniques pour revendre dans son village. En sus, elle fait la cuisson et vente de beignets dans le village.
Son tout premier prêt avec CAURIE-MF lui permettra de mieux développer ses activité en achetant plus de cartes de recharge et des provisions pour la préparation de ses beignets.
Son objectif est d'assurer le payement de la location de sa maman à la capital (Dakar) tout en cherchant à avoir une épargne consistante dans le Banc Villageois
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