Sop Serigne Babacar Sy Group
Ms. Mareme D. (standing at the far right in the photo) is the group’s leader. She is 49 years old, married, and the mother of six children. She also has two of her grandchildren in her care. Mareme has a small business selling smoked fish. She also fattens sheep. She has been in this business for over six years.
Using the profits, her goal is to support her husband in providing from the household and to cover the cost of schooling.
Madame MAREME D. debout tout à fait à droite sur la photo est responsable du groupe. Elle est âgée de 49 ans. Elle est mariée est mère de 06 enfants. Elle a aussi la charge de ses deux petits enfants.
Elle fait un petit commerce de poissons fumés. Elle fait également de l'embouche ovine. Cette activité elle la pratique depuis plus de 6 ans.
Son objectif est, à partir de ses bénéfices soutenir son mari dans la prise en charge de la maison et du payement des frais de scolarité.
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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