Solidarity group Sop El Hadji Malick was created on 12/30/2009. It is comprised of thirteen women who are bound by friendship and live in the same village. They run several businesses in retail, crafts, and animal husbandry.
Diogo, the group’s leader, is 62 years old. She is married and a mother of seven; two of her children are still financial dependents. She farms and retails vegetables, and has over six years of experience doing so. She is standing all the way to the right in the picture, wearing a green flowery outfit.
Diogo gets her supplies from neighboring markets and retails in her village. Her loan will be used to purchase sheep and merchandise, to earn large revenues. With the profit, she wishes to take care of her children and to increase her savings.
Le groupe de solidarité Sop El Hadji Malick est créé le 30/12/2009, il regroupe 13 femmes qui se sont unies par des liens d'amitié et habitent le même village, elles mènent diverses activités le petit commerce, l'artisanat et l'élevage. Diogo la responsable est âgée de 62 ans, mariée elle est mère de 07 enfants dont 02 en charge, elle fait de l'agriculture et mène aussi une activité de petit commerce de légumes, elle a une expérience de plus de 06 ans.Elle est debout tout à fait à droite sur la photo habillée en ensemble pagne fleurette vert. Elle s'approvisionne dans les marchés environnants et revend dans son village. Son prêt lui servira d'acheter des moutons, de la marchandise afin de gagner beaucoup de revenus. Elle souhaite avec ses bénéfices prendre en charge ses enfants et augmenter ses épargnes.
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.