The solidarity group Sop Mame Thierno was created 09/12/2010. It consists of 16 women from the same area. They are neighbors who all have children, and they got together based on affinities.
Awa is the head of the group. She is the one standing at the right in the photo, Awa is a widow with 8 children in her care. Four are her children, and 4 are her grandsons. She is engaged in small trade, an activity she has been practicing for 15 years.
With this loan, she intends to stock up on merchandise to meet customer demand. Her goals are to be able to provide for her family’s needs and to increase her savings.
Le groupe de solidarité Sop Mame Thierno a été créé le 09/12/2010.IL est composé de 16 membres issus du même village, elles se sont unies par affinité, par voisinage et sont des parents.Awa est la responsable du groupement debout à droite sur la photo, elle est veuve âgée de 45 ans et à en charge 8 enfants dont 4 enfants et 4 petits fils. Elle a pour activité principale le petit commerce. Elle mène cette d'activité depuis 15ans.Son prêt lui permettra d‘acheter de la marchandise pour satisfaire sa clientèle. Son objectif est de pouvoir subvenir aux besoins de sa famille et de renforcer son 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.