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Mbogo Yiff Group
In this Group: Fatou Touti , Adama , Fatou Doudou , Sokhna, Diouly, Yagou , Rocky , Aissatou , Oulimata , Fatou
This group is called 'Mbogo Yiff' which means 'to share the same ideology'. It was formed after the village bank was created. The group is made up of 10 women.

Adama is standing on the right of the photo, raising her hand. She is the group's leader. She is 57 years old, married, and has ten children.

Adama's business is selling products retail. She will use her new loan for 75,000 francs to buy sugar, milk, rice, oil, candles, batteries and onions for resale. She has good experience in her business which she has run for a long time.

With the profits that she makes, Adama will pay her children's school fees.
View original language description ↓
Ce groupe Mbogo Yiff qui signifie partager la même idéologie a été crée depuis la création du Banc villageois.
Il est composé de 10 femmes.
Madame Adama debout à droite sur la photo et levant la main est responsable du groupe. Elle est âgée de 57 ans. Elle est mariée mére de 10 enfants.

Elle fait une activité de commerce de détails. Avec son nouveau Prét de 75000 francs cfa elle va se payer du sucre du lait du riz de l'huile des bougies des pilles et des oignons destinés à la revente.

Elle dispose d'une bonne expérience dans son activité qu elle mène depuis longtemps.

Avec les bénéfices qu elle va faire elle va payer les frais de scolarisations de ses enfants.

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
  • 35
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 466.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbogo Yiff Group's $1,925 loan helped a member to buy oil, rice, sugar, candles, batteries and onions for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 28, 2011
Listed
Nov 5, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012