Sop Serigne Fallou Group
The group leader, Yacine, is 33 years old. She is married and the mother of three children. She has been trading black-eyed peas and groundnuts for 2 years, so has quite a lot of experience. She is pictured on the far right in green and white.
Yacine buys and resells her products at the village market. With this loan, she hopes to build her business by buying supplies of black-eyed peas and groundnuts and thereby increase her revenue. The profits will go towards helping her husband with food costs and providing for her children.
La responsable Yacine est âgée de 33 ans, elle est mariée et mère de trois enfants, elle mène une activité de petit commerce de niébé et d'arachide depuis 2 ans; elle a une expérience assez bonne. Elle est debout à droite à l'extrême habillée en vert-blanc.
Elle achéte et revend ses produits ("niébés" et des arachides) au marché du village.
Elle compte avec son prêt renforcer son commerce en achetant des stocks de niébé et d'arachide pour se faire ainsi beaucoup de revenus.
Avec ses bénéfices elle aide son mari pour la nourriture et subvient aux besoins de ses enfants.
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