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Lamp Fall Group
In this Group: Colle, Fatou Cheikh, Ndeye N°1, Fatou Gaye, Ndeye N°2, Khady, Khoudia*, Anta, Absa, Khady Ousmane, Fatou *, Soda, Khady
* not pictured
The LAMP F. solidarity group has been created on December 4, 2007. It was founded the day of the inauguration of the Banc Villageois of Pal Khely to which it belongs. The group is composed of 13 women of the same lineage, which explains why almost all of them share the same last name, K.. Thus, they are neighbors and relatives who decided to form a group.

Khady K., standing on the far right in the second row in the photo, is the group’s leader. She is 48 years old. She is married and the mother of five children and has a grandchild in her care. She raises sheep. She has been in this line of business since joining Banc Villageois in 2007. With her loan she would like to purchase three sheep for fattening and reselling five month later at the local markets in her area. Her goal is to help her husband support the family. She takes care of her personal expenses while boosting her level of savings.
View original language description ↓
Le groupe de solidarité LAMP F. est créé le 04 décembre 2007. Il a été mis en place le jour de l'inauguration du Banc Villageois de PAL KHELY qui l'abrite. Il est composé de 13 femmes qui sont toutes issues de la même concession, ce qui explique qu'elles ont pratiquement le même nom de famille "K.". Le groupe a été formé alors par voisinage et par lien de parenté.

KHADY K., debout tout à fait derrière à droite au second rang sur la photo est responsable du groupe de solidarité. Elle est âgée de 48 ans. Elle mariée et mère de 05 enfants et a aussi en charge un petit fils.

Elle fait de l'embouche ovine. Elle pratique cette activité depuis son adhésion dans le Banc Villageois, en 2007.

Avec son prêt elle va acheter trois moutons quelle va engraisser pendant 5 mois avant de les revendre dans les marchés hebdomadaires de sa localité.

Son objectif est de soutenir son mari dans la dépense quotidienne de la famille. Elle prend en charge ses besoins personnels tout renforçant son niveau d'épargne

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 498.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Lamp Fall Group's $4,625 loan helped a member purchasing three sheep for later resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 29, 2010
Listed
Aug 4, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011