Sop Serigna Fallou Group
Madam Awa B., standing on the far right end of the picture, is in charge of the group. She is 49-years-old. She is married and the mother of 8 children. She also takes care of her grand-daughter.
She runs a small business selling vegetables and fresh fish. She stocks up in the nearby villages and sells in the village.
With her new loan, she will increase her supplies, in order to generate larger profits. She assists her husband with the family expenses and with the children's school fees, while increasing her savings.
Madame Awa B. debout à l'extrême droite sur la photo est responsable du groupe. Elle est âgée de 49 ans. Elle est mariée et mère de 08 enfants. Elle a aussi la charge de sa petite fille.
Elle fait un petit commerce de légumes et de poisson frais. Elle s'approvisionne dans les villages voisins et revend dans le village.
Avec son nouveau crédit elle va augmenter son niveau d'approvisionnement afin d'escompter des bénéfices plus importants.
Elle soutien son mari dans les dépenses courantes de la famille et dans la prise en charge de la scolarité des enfants tout en agmentant son épargne
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