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Beg Lu Baax Group
In this Group: Mame Khady, Boury*, Borso, Binta, Fatou, Mbene, Soda, Yague, Sokhna, Bator, Ndiare, Male*, Fatou, Fatou*, Fatma
* not pictured
The solidarity group Beg Lu Baax (meaning 'to want the best') was created on December 15, 2008. It is composed of fifteen women who keep up good relations and who are active in small-scale commerce and in livestock farming.

The group's official, Ms. Ndéye Khady, is 42 years old, married, and the mother of seven children, including two girls. She raises poultry and fattens livestock. She has good experience. In the photo, she is the one in a blue dress and standing at the right.

At the city's central market, Ms. Ndéye Khady buys 10 chicks of the Bleu Holland species for one rotation. She resells them in her district after two months and then starts the process over again.

She wishes to use her loan to buy three head of male sheep to raise for the purposes of Tabaski (a sheep festival) and thus to bring in a lot of revenues.

The profits obtained will enable her to help her children to thrive in all ways.
View original language description ↓
Le groupe de solidarité Beg Lu Baax qui signifie vouloir le meilleur est créé depuis le 15 décembre 2008, il est composé de 15 femmes qui entretiennent de bonnes relations et qui s'activent dans le petit commerce et l'élevage.


La responsable madame Ndéye Khady est âgée de 42 ans, elle est mariée mère de sept enfants dont deux filles;elle fait de l'aviculture et de l'embouche, elle a une bonne expérience. Elle est debout à droite sur la photo habillée en robe bleue.


Elle achéte au marché central de la ville 10 poussins de race bleu hollande pour une rotation, les revend après deux mois dans son quartier et reprend l'opération.


Elle souhaite avec son prêt acheter trois béliers à élever pour faire une opération Tabaski et ainsi se faire beaucoup de revenus.

Les bénéfices obtenus lui permettent de participer à l'épanouissement de ses enfants sur tous les plans.

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
  • 454.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Beg Lu Baax Group's $2,750 loan helped a member to buy sheep and chicks to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 18, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012