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Gerem Yalla Group
In this Group: Khady, Aissatou, Fatou, Fatou Salla, Maimouna, Khady, Anna, Aida, Bintou, Ndeye Penda, Loumby, Ndelle
The Gerem Yalla solidarity group was created April 24, 2010, when Banc Villageois was launched. The group is made up of 12 women who live in the same neighborhood. Their group was coordinated based on their kinship ties and friendships. The Gerem Yalla group is part of the Banc Villageois de Maison Familiale Rurale.

Madame Khady N., second from the right in the photo, raising her right hand, is the group leader. She is 54 years old. She is is married and the mother of 2 children, as well as being responsible for her 8 grandsons.

Madame N. sells palm oil, fabrics and hand-woven pagnes [traditional, sarong-like wraparounds]. This loan will allow her to expand her business in order to increase her profits.

Madame N. helps to provide for her family by contributing food and assuring the health of her grandsons.
View original language description ↓
Le groupe de solidarité GEREM YALLA est créé le 24 avril 2010. Lors de l'inauguration du Banc Villageois. Il est composé de 12 femmes qui habitent le même quartier. Elles ont organisé leur par affinité et par liens d'amitié. Le groupe fait partie du Banc Villageois de Maison Familiale Rurale

Madame Khady N., en deuxième position à partir de la droite sur la photo levant la main droite, est responsable du groupe. Elle est âgée de 54 ans. Elle est mariée et mère de 2 enfants. Elle a aussi la charge de ses 8 petits fils.

Elle fait un commerce d'huile palme, de tissus et de pagnes tissé à la main.

son crédit lui permettra d'élargir son activité afin d'accroitre ses bénéfices.

Elle participe à la prise en charge familiale par la nourriture et la santé de ses petits fils

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
  • 29
    View loans »
    Senegal Loans Fundraising
  • $12,994,300
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gerem Yalla Group's $1,650 loan helped a member buying palm oil, fabric and pagnes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 9, 2010
Listed
Dec 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011