The Nob Sa Jëkër solidarity group was created on 12/10/2010. It is made up of 12 women who come from the same area and are united by affinity. They are all involved in small businesses. Astou, standing on the right in the photo, is the facilitator of the group. She is 30 years old, married, and the mother of 4 children. She manages a grocery store. Profits will allow her to help her husband to take care of the family's needs and will strengthen her savings with the Banc Villageois.
Le groupe de solidarité Nob Sa Jëkër a été créé le 10/12/10. Il est composé de 12 femmes issues de la même localité qui se sont unies par affinité. Elles exercent la même activité le petit commerce. Astou debout à droite sur la photo est responsable du groupe. Elle est âgée de 30 ans. Elle est mariée et mère de 04 enfants. Elle gère une alimentation. Ses bénéfices lui permettront de soutenir son mari dans prise en charge des besoins de la famille et de renforcer son épargne dans le Banc Villageois.
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.