Check out some available loans that are similar to this one!
Cheikh Makhtar Group
In this Group: Diayce, Aminata, Ndeye Aïda, Bintou Sylla, Mame Diete, Ndeye, Ndeye Fatou, Codou, Yacine, Ndeye, Maye Diakhate, Binetou, Fatou, Fatou, Fama
The solidarity group CHEIKH MAKHTAR came into being in December 2009. It is made up of 15 women who all come from the same neighborhood. They are bound together by ties of affection or they are related to each other. The group is a part of the "Banc Villageois" of DVF GUEOUL.

Mrs. Aminata N., standing in the second row in the photo, is the group leader. She is 34, married, and the mother of six children. She is also responsible for two other children who were confided to her care by relatives.

She sells beaded necklaces, belts, and incense. She stocks up on merchandise in Touba and in Dakar and sells her goods in her neighborhood at weekly markets. With her loan, she is going to expand her stock of beads, belts and incense. Her goal is to help support her family and be responsible for her own personal needs.
View original language description ↓
Le groupe de solidarité CHEIKH MAKHTAR a vu le jour en décembre 2009. Il est composé de 15 femmes issues du même quartier. Elles liées par des liens affectifs, de parenté et de confrérie. Le groupe fait partie du Banc Villageois de DVF GUEOUL

Madame Aminata N. debout au second rang sur la photo est responsable du groupe. Elle est âgée de 34 ans. Elle est mariée et mère de 6 enfants. Elle a aussi la charge de 2 autres enfants confiés par des proches.

Elle fait un petit commerce de colliers en perle, de ceinture et d’encens. Elle s’approvisionne en marchandises à Touba et à Dakar pour revendre dans son quartier lors des marchés hebdomadaires.

Ave son crédit elle va renforcer sa marchandise en perle, en ceinture et en encens.

Son objectif est de participer à la prise en charge de la famille et de subvenir à ses besoins personnels

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 493.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Cheikh Makhtar Group's $2,025 loan helped a member purchase of beaded necklaces, belts, and incense.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2010
Listed
Aug 11, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011