Ms. Aida S. (standing right of the photo in black pants and pink sweater) is responsible for the group. She is 25 years old, married and the mother of one child.
She runs a small trade of incense and perfumes. She gets her supplies either from Touba (approximately 50 km) or from the capital of Senegal (Dakar).
Her new loan will enable her to improve her small business activity and promote it.
Her objective is to reinforce her savings at the “Banc Villageois” and support her husband in taking care of their family.
Madame AIDA S. (debout à droite de la photo en pantalon noir et tricot rose) est responsable du groupe. Elle est âgée de 25 ans. Elle est mariée et mère d'un enfant.
Elle fait un petit commerce d'encens et de parfums. Elle s'approvisionne soit à Touba (à environs 50 kilomètres) soit à la capitale du Sénégal (Dakar)
Son nouveau crédit lui permettra de mieux développer son activité de petit commerce et d'en faire la promotion.
Son objectif est de renforcer son épargne au niveau du Banc Villageois et de soutenir son mari dans la prise en charge de leur famille.
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