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Kayiteuli Group
In this Group: Dioko, Rabiatou, Binta, Tida, Saly, Fatoumata, Fanta, Awa, Olou, Fatoumata B
The Kayiteuli solidarity group was created on the 8th of May, 2001. It is made of up 10 women who are all retailers and all live in the same area,

Diocko, on the right of the picture with her hand raised, is the group's leader. She is 68 years old, married and the mother of 8 children. She is also responsible for 7 more children which her parents have placed in her care.

Diocko is an experienced retailer who has been selling local pharmaceutical products for over 15 years. This loan will increase her working capital and allow her to restock and develop her business activities. She will use the profits from her business to improve her family's living conditions by buying food and new clothing, paying medical expenses, etc.
Le groupe de solidarité est créé le 08 MAI 2001. Il est constitué de 10 femmes qui habitent le même quartier. Leur activité principale est le commerce.

Madame Diocko qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 68 ans. Elle est mariée et mère de huit enfants. Elle a aussi en sa charge sept autre enfants confié par ses parents.

Elle s’active dans la vente de produits pharmacetique locaux. Elle a une bonne expérience dans ce domaine d’activité, qu'elle pratique depuis plus de 15 ans.

Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.

Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…).

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 482.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kayiteuli Group's $2,700 loan helped a member to buy local pharmaceutical products for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 29, 2011
Listed
Oct 15, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012