Check out some available loans that are similar to this one!
Gorgorlou Group
In this Group: Suzanne*, Fatou, Ndeye Fatou, Farmata, Astou, Nene, Fatma, Coumba, Fatou, Ami, Fatou, Fatou, Fatou, Tabara, Isseu
* not pictured
The Gorgorlou solidarity group was created on February 16, 2000. It is composed of 15 women who live in different neighborhoods. But they meet each other monthly for the activities related to Banc Villageois. Almost all of them are vendors. Their group belongs to the Banc Villageouis of Keur Khaly.
Mrs. Isse S. (to the right in the photo) is the group’s leader. She is 54 years old. She is married and the mother of five. In addition, she also takes care of five children of her deceased sister.

She keeps a cafeteria at the main market of their town. She sells fabrics and clothing there. As a secondary activity, she raises cattle, sheep and chickens. She has over 30 years of experience as a vendor.

Her loan will allow her to expand her production volume and to better develop her livestock business. Her long-term objective is to build a house for her family. Her revenues allow her to provide for her children fully. As a practical example, she has purchased a taxi for her son in order for him to be able to support himself.
View original language description ↓
Le groupe de solidarité GORGORLOU est créé le 16 février 2000. Il est composé de 15 femmes qui sont de quartier différents. Mais se réunissent mensuellement pour les activités du Banc Villageois. Elles sont pratiquement toutes des femmes qui font du petits commerce. Le groupe fait partie du Banc Villageois de Keur Khaly

Madame ISSEU S. (debout à droite de la photo et mise en médaillon en bas) est responsable du groupe. Elle est âgée de 54 ans. Elle est mariée et mère de 05 enfants. Elle a aussi la charge des 05 autres enfants de sa sœur décédée.

Elle est détentrice d'une cantine au marché centre de la ville. Elle y vend des tissus et des vêtements. Comme activité secondaire elle fait de l'embouche bovine et ovine et de l'élevage de volailles. Elle a une expérience de plus de trente ans dans le domaine du commerce.

Son actuelle prêt lui permettra de renforcer sa capacité de production en matière de commerce et de mieux développer son élevage.

Son objectif à long terme est de construire une maison pour sa famille. Ses revenus financiers lui permettent de prendre entièrement en charge les besoins de ses enfants. En terme de réalisation elle a acheté un taxi pour son fils afin que ce dernier puisse se prendre en charge.

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
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 472.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gorgorlou Group's $4,300 loan helped a member to increase her production volume.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 9, 2011
Listed
Mar 12, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011