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Bakh Yaye Group
In this Group: Magatte, Fama, Ndeye, Fatou, Marieme, Coumba, Fatou
The solidarity group BAAX YAYE was created on December 20, 2009. It is composed of seven members who all come from the same district.They set up their group based on common interests and neighborhood. The solidarity group is part of the "Banc Villageois" of KEUR SALLA DERGUENE.

Mrs. Magatte D., on the right in the photo, is the group leader. She is 32, married and raising four children. She has a little business selling vegetables and she also has a kiosk where she sells bread. Her loan will allow her to add to her stock of vegetables so that she can expand her profit.

Her goal is to help improve living conditions for her family and to add to her savings.
View original language description ↓
Le groupe de solidarité BAAX YAYE est créé le 20 décembre 2009. Il est composé de 07 femmes issues du même quartier. Elles ont formé leur groupe par voisinage et par affinité. Le groupe de solidarité fait partie du Banc Villageois de KEUR SALLA DERGUENE.

Madame Magatte D., à droite de la photo est responsable du groupe. Elle est âgée de 32 ans. Elle est mariée et mère de 04 enfants en charge.

Elle fait un petit commerce de légumes. Elle est aussi détentrice de kiosque où elle vend du pain.

Son crédit lui permettra d’augmenter son niveau d’approvisionnement en légumes afin d’accroitre ses bénéfices.

Elle a comme objectif de participer à l’amélioration des conditions de vie de sa famille et de renforcer son 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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 493.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bakh Yaye Group's $1,000 loan helped a member purchasing more vegetables for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2010
Listed
Aug 10, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011