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Seydina  Mohamed Group
In this Group: Sarakh, Khady, Maïmouna, Salma, Awa, Deguene, Yama, Khoudia
The Seydina Mohamed Solidarity group was created on the 12th May 2010.It is made up of eight women who live in the same neighbourhood. Their main activities are small businesses and the fattening of livestock.

Mrs Awa, the leader is 44 years old. She is married and mother to three children but also cares for two others who are entrusted to her by family and friends. In the photograph she is standing on the right, dressed in a multicoloured sari with her right hand raised.

She runs a livestock fattening business and at the same time does catering .She has a lot of experience in these activities.

Awa buys her stock of sheep, animal feed, and all the condiments necessary for her catering at the weekly market in the village. She resells her sheep at the same place having fattened them up for three or six months. The restaurant trade is much brisker on market days.

With her loan she wishes to increase her herd of livestock by purchasing more sheep but also more animal feed .This will enable her a make better profit.

Her profits enable her to pay for the family needs in food and clothing and thus help her husband. In the future she intends to purchase some oxen for fattening if she still manages to obtain loans from Caurie
Le groupe de Solidarité Seydina Mohamed est créé depuis le 12 mai 2010. Il est composé de huit femmes qui habitent le même quartier. Elles ont comme activités principales le petit commerce et l'embouche.

Madame Awa la responsable est âgée de 44 ans. Elle est mariée et mère de trois enfants mais a en charge deux autres qui lui sont confiés par des proches. Elle est debout à droite sur la photo habillée en sari multicolore et a levé la main droite.

Elle mène une activité d'embouche et fait parallèlement de la restauration. Elle a une bonne expérience dans ces secteurs d'activités.

Awa s'approvisionne au marché hebdomadaire du village en moutons, aliments pour bétails et en tous les condiments nécessaires à la restauration. Elle revend ses moutons au même lieu après les avoir engraissés en trois ou six mois. La restauration marche beaucoup pendant les jours de marché hebdomadaire.

Avec son prêt elle souhaite augmenter son cheptel en achetant plus de moutons mais aussi de l'aliment pour les nourrir. Ceci lui permettra de faire plus de bénéfices.

Ses bénéfices lui permettent de prendre en charge les besoins de sa famille en nourriture et habillement et aider ainsi son mari. Elle compte à l'avenir acheter des bœufs pour l'embouche si elle parvient à obtenir toujours des financements de Caurie.

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
  • 452.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Seydina Mohamed Group's $1,050 loan helped a member purchase sheep for fattening and resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 19, 2011
Listed
Jun 6, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011