Sope Serigne Fallou Group
Mrs. Mame N. (the woman standing in the photograph) is the leader of the group. She is 37 years old. She is married and the mother of two children.
She rears sheep. She has a small herd of 12 sheep. With the loan of 160,00 CFA francs, she is going to increase the number of sheep in the herd. She is waiting for the big religious holidays to sell the fattest sheep.
Her goal is to contribute financially to the needs of her family and also increase her savings with the Banc Villageois.
Madame Mame N. (la seule femme debout sur la photo) est responsable du groupe. Elle est âgée de 37 ans. Elle est mariée et mère de 02 enfants en charge.
Elle fait de l'élevage de mouton. Elle possède d'un petit troupeau de 12 moutons. Avec son nouveau crédit de 160.000 francs CFA elle va augmenter le nombre de têtes de moutons. Elle attend les grandes fêtes religieuses pour vendre les plus gras moutons.
Son objectif est de participer financièrement à la prise en charge de la famille tout en renforçant son niveau d'épargne dans le Banc Villageois
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