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Darou Salam Group
In this Group: Salma Nafi, Ndeye Bator, Oumou Khairy, Penda Mass, Rokhaya, Boye, Adama, Fatou Bintou
This solidarity group was created on March 28, 2008. It is composed of eight women who are all from the same area. Most of them are cousins or sisters-in-law to other group members. The group belongs to the Banc Villageois of Montagne Nord2.

Ms Boye N. (pictured standing at the right side) chairs the group. She is 56 years old, widowed and the mother of four children. She has a small business in which she sells natural fruit juice, bread and curds. She will use her new loan to buy much more inventory to increase her income. Her objective is to boost her savings and provide for her descendants.
View original language description ↓
Le groupe de solidarité est créé le 28 mars 2008. Il est composé de 08 femmes qui sont toutes issues de la même concession. Elles sont pratiquement toutes de cousines ou des belles sœurs. Le groupe fait partie du Banc Villageois de MONTAGNE NORD2.

Madame Boye N. debout à droite sur la photo est responsable du groupe. Elle est âgée de 56 ans. Elle est veuve et mère de 4 enfants.

Elle fait un petit commerce qui consiste la vente jus de fruit naturel, de pain et de lait caillé.

Avec son nouveau crédit elle va acheter beaucoup plus de provision pour augmenter ses revenus financiers

Son objectif est de renforcer ses épargnes et prendre en charge sa progéniture.

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
  • 34
    View loans »
    Senegal Loans Fundraising
  • $13,297,500
    Funds lent in using Kiva
  • 472.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Darou Salam Group's $1,775 loan helped a member to bolster her income generating activity.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 27, 2010
Listed
Nov 10, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011