Check out some available loans that are similar to this one!
Cheikh Abdoul Aziz Group
In this Group: Ndack, Codou, Mame Ngoné, Binta, Amy Collé, Khady, Ndèye Yacine, Binta Thiam, Maguette, Adji Binta, Marème
The solidarity group CHEIKH ABDOUL AZIZ is one of the eight groups that make up the 'Banc Villageois' of DIAMAGUENE. The group is made up of 11 women who all come from the same neighborhood and who formed a group because of their common interests three and a half years ago. Their ages vary between 30 and 45 and they are married and the mothers of at least three children. This is a very close and dynamic group who participate actively in the various activities of the Banc Villageois, monthly meetings, meetings to repay loans, training sessions, etc. Their main business is selling clothing, incense, cosmetics, etc.

As for the president of the group, Mrs. Ndack T., on the far right in the photo with a white head covering and handbag on her shoulder, she is 52, a widow, and lives with her two children. She sells watches, incense, head scarves, shawls, and veils. She buys her goods in Mauritania, a country which borders Senegal, and sells them in her neighborhood. She has a lot of experience in her business, having been in it for at least three years. Her new loan will allow her to expand her inventory. Her goal is to support her children and pay educational expenses for her child who is finishing university this year.
View original language description ↓
Le groupe de solidarité CHEIKH ABDOUL AZIZ est l'un des huit groupes qui composent le Banc Villageois de DIAMAGUENE. Elle sont onze (11) femmes issues toutes du même quartier et ont formé le groupe par affinité depuis trois ans et demi. Elles sont d'âges différents variant de 30 à 45 ans, mariées et mères d'au moins 3 enfants. C'est groupe très soudé et dynamique et participe activement au différentes activités du Banc Villageois qui sont les réunions mensuelles, les réunions de remboursement, les rencontres de sensibilisation et autres.
leur activité principale est le petit commerce d'effets vestimentaires, d'encens, de produits cosmétiques etc...

Quant à la présidente du groupe Madame Ndack T., à l'extrême droit de la photo, en voile blanc sur la tête et sac à main accroché à son épaule est âgée de 52 ans, elle est veuve et vit avec ses deux enfants. Elle fait du petit commerce de montres, d'encens, de foulards, d'écharpes et de voiles. Elle s'approvisionne en Mauritanie, un pays frontalier du Sénégal, pour revendre son produit dans le quartier. Elle a une bonne expérience de son activité pour l'avoir mené depuis au moins trois ans. Et son nouveau prêt lui permettra de renforcer son approvisionnement en marchandises. Son objectif est de pouvoir faire face aux besoins de ses enfants et d'assurer les études universitaires d'un de ses enfants en année de licence.

Additional Information

About CAURIE Micro Finance

The 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.

About Senegal

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 537.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Cheikh Abdoul Aziz Group's $1,300 loan helped a member increase the working capital of the solidarity group.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 14, 2010
Listed
May 28, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 8, 2011