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Beugueu Diam Group
In this Group: Adama, Marietou , Mbene, Woulimata, Amy, Maty , Thiaba*
* not pictured
The solidarity group BEUGUEU JAM was formed more than 8 years ago. It is composed of 8 women from the same village. They formed their group by neighborhood and kinship. The group is affiliated with the SANGHE DOUKA village bank. Mrs. Adama P., second on the right in the photo (seen in the medaillon), is the leader of the group. She is 52 years old, married and the mother of 5 children. She sells local grains (millet and corn) and also sells peanuts. She has operated this business for more than 10 years. With her loan she is going to increase her stock of merchandise so that she can better satisfy her customers and generate more profit. Her goal is to help her husband provide for the family’s financial needs.
View original language description ↓
Le groupe de solidarité BEUGUEU JAM est créé depuis plus de 08 ans. Il est composé de 08 femmes issues du même village. Elles ont formé leur groupe par affinité et par voisinage. Le groupe fait partie du Banc Villageois de SANGHE DOUKA.

Madame Adama P. deuxième à partir de la droite de la photo (mise en médaillon) est responsable du groupe. Elle est âgée de 52 ans. Elle est mariée et mère de 5 enfants.

Elle vend des céréales locales (mil et maïs) elle vend également des arachides. Elle pratique cette activité depuis plus de 10 ans.

Avec son crédit elle va augmenter son niveau d’approvisionnement en marchandises pour mieux satisfaire sa clientèle et générer plus de bénéfices.

Son objectif est de soutenir son mari dans la prise en charge financière de la famille

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 493.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Beugueu Diam Group's $2,725 loan helped a member to buy local grains.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2010
Listed
Aug 9, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2011