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Fouladou Group
In this Group: Aïssatou , Mariama, Awa, Kara, Mouna, Fatou
The FOULADOU solidarity group was created after the GADAPARA Banc Villageois was established 11 years ago. It is composed of 6 women who come from the same neighborhood. They are organized by neighborhood and kinship. Mrs. AWA B., standing at the right in the photo and dressed in white, is the leader of the solidarity group. She is 56 years old, married and the mother of 5 dependent children. She sells vegetables at the Kolda central market. She has operated this business for around 10 years. With her new loan, she is going to buy vegetables in larger quantites than usual so as to better satisfy her customers. Her goal is to help her husband provide for the family’s financial needs, such as the food and the children’s schooling.
View original language description ↓
Le groupe de solidarité FOULADOU est créé depuis l’inauguration du Banc Villageois de GADAPARA il y a de cela 11 ans. Il est composé de 06 femmes issues du même quartier. Des femmes qui se sont organisées par voisinage et par affinité.

Madame AWA B., debout à droite sur la photo, de blanc vêtue, est la responsable du groupe de solidarité. Elle est âgée de 56 ans, elle est mariée et mère de 5 enfants en charge.

Elle est vendeuse de légumes au marché central de Kolda. Elle mène cette activité depuis plusieurs années, environs 10 ans.

Avec son nouveau crédit elle va acheter des légumes en quantité plus importante que d’habitude afin de mieux satisfaire sa clientèle.

Son objectif est de soutenir son mari dans la prise en charge des besoins financiers de la famille. Par exemple la nourriture et la scolarité des enfants.

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

  • $1,759
    Average annual income
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,116,775
    Funds lent in using Kiva
  • 501.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fouladou Group's $1,550 loan helped a member to buy vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 16, 2010
Listed
Aug 4, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011