Sop S. Fallou Group
Fatou (standing to the right of the photo, raising her hand) is in change of the group. She is 55 years old. She is married and has two children.
She has created a commercial business selling groundnuts, black-eyes peas, and bissap, (a drink made from hibiscus flowers). She also makes and sells groundnut oil.
With this loan, she intends to purchase groundnuts, black-eyed peas, and bissap for resale.
With the profits earned, she intends to improve her living conditions and those of her children.
Fatou (Debout à droite de la photo et levant la main) est responsable du groupe de solidarité. Elle est agée de 55 ans. Elle est mariée et mère de 2 enfants.
Elle développe une activité commerciale de semences d'arachide, de "niébé" et d'oseille. Elle fait également la transformation et vente d'huile d'arachide
Avec le prêt reçu, elle compte acheter de l'arachide en graine, niébé et "bissap" (oseille) pour revendre.
Avec les recettes générées elle compte améliorer les conditions de vie de sa prgéniture.
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