Sopey Naby Group
Ms. Khady, the group leader, is a 64-year-old mother of seven and grandmother of six. She has gained more than 10 years of experience in selling bread. She is standing on the right in the photo, wrapped in a white shawl with her right hand raised.
She replenishes her suppL. of bread at the local bakery and gets her other goods (butter, chocolate, cheese, tuna...) at the stores, and re-sells them at her kiosk.
With her loan, she intends to buy food items and to increase her stock of bread in order to better satisfy her clientele and earn more income.
Khady takes care of the water bills at home, and she also hopes to increase her savings.
Madame Khady la responsable âgée de 64 ans est mère de 7 enfants et grand-mère de 6 petits enfants, elle capitalise plus de 10 ans d'expérience dans la vente de pain. Elle est debout à droite sur la photo emmitouflée d'un châle blanc et a levé la main droite.
Elle se ravitaille à la boulangerie du quartier pour le pain et dans les boutiques pour ( le beurre, chocolat, fromage, thon...); et revend dans son kiosque.
Elle envisage avec son prêt acheter des produits alimentaires et augmenter la quantité de pain pour mieux satisfaire la clientèle afin de se faire plus de revenus.
Khady a la prise en charge des factures d'eau et elle souhaite aussi augmenter son 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