Sop Sergne Bara Group
Arame, standing on the right in the photo with her hand raised, is the group’s leader. She is 56 years old, married and the mother of seven. She sells fruits, vegetables and cloth. With her loan, she is going to expand her stock level of fruits, vegetables and cloth to resell. He income will allow her to provider for her family and household needs and also add to her savings at the “banc villageois.”
Ses bénéfices lui permettront de subvenir aux besoins de la famille,mais aussi renforcer son épargne dans le banc villageois.un membre est absent sur la photo
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