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Seydina Mouhamad Group
In this Group: Yacine, Fatou Kine, Mbarka, Amina, Aminata, Khady Ndame, Ndeye S. Boye, Aissatou, Ngaly *, Bintou, Maguette, Ndeye, Soda, Fatou, Ndioba, Anta, Awa, Aby, Die*, Khayta*
* not pictured
The Seydina Mouhamad solidarity group was created on December 14, 2008. It is composed of women who are all from the same area, and who came together as neighbors and through ties of kinship. The group is part of the Banc Villageois KEUR SERIGNE BARRA.

Mrs. MBARK. F., standing on the far right of the photo, is the group leader. She is 46 years old, married, and the mother of three children who are still in her care.

Her activity is cattle fattening. She buys frail animals, which she fattens and resells after four to five months. As a sideline, she is also engaged in small trade.

With her loan, she will strengthen her business in order to increase her profits. Her goal is to assist her husband in providing for their family.
Le groupe de solidarité SEYDINA MOUHAMAD est né le 14 décembre 2008. Toutes le femmes qui composent le groupe sont du même quartier. Elles ont formé leur groupe par voisinage et par des liens d'amitié et de parenté. Le groupe fait partie du Banc Villageois de KEUR SERIGNE BARRA

Madame MBARK. F. debout à l'extrême droite de la photo est responsable du groupe. Elle est âgée de 46 ans. Elle est mariée et mère de 03 enfants en charge.

Elle de l'embouche bovine. Elle achète des sujets frêles qu'elle engraisse pour revendre au bout de 4 à 5 mois
Parallèlement elle fait du petit commerce

Avec son prêt elle va renforcer ses activité afin de réaliser plus de bénéfices

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

  • $2,300
    Average annual income
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 485.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Seydina Mouhamad Group's $4,600 loan helped a member to buy oxen.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 17, 2011
Listed
Jan 21, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011