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Aïda Thiam Fonk Liggey Group
In this Group: Ndiaya, Diakhou, Palla, Faty Iba, Dior, Anta , Arame, Ndeye, Anta Tine, Ndeye, Bineta, Aïda, Khady, Adam, Sokhna Daour
Group Fonk Liggey, which depends from the Yaral "banc villageois" (village lending group), was created on 10/05/11. It is constituted of 15 women. Their main activity is retail. The members are in perfect solidarity with one another.

The group’s president, Palla, is 30 years old. She is a widow and a mother of three. Trade is her business, and she retails first-necessity goods (rice, cowpeas, peanuts, corn, etc). She gets her supplies from the market in Gouye Mbeut or sometimes from closer cities. She has been in this business for over ten years and is quite experimented. On the photo, she is standing on the right and is dressed in blue and salmon. She is raising her left hand. With her loan she would like to buy cowpeas, rice, peanuts, corn, etc.

With her loan, she would like to purchase black-eyed peas. With the profit, she would like to buy a parcel for her children and to help them attend school.
View original language description ↓
Le groupe Fonk Liggey du banc villageois de Yaral est créé le 05/10/11. Il est constitué de 15 femmes. Le commerce est leur principale activité. Il existe une parfaite solidarité entre les membres.

La présidente du groupe,Palla, âgée de 30 ans, est veuve et mère de 03 enfants. Elle fait du commerce et vend des denrées de première nécessite (riz, niébé, arachide, maïs, etc. Elle se ravitaille au marché de de sa localité ou dans les villes les plus proches dés fois. Elle mène cette activité depuis plus de 10 ans et a une bonne expérience. Sur la photo elle est debout à droite habillée en bleu-saumon et a levé la main gauche.

Avec son prêt elle voudrait acheter du niébé, du riz, de l'arachide, du maïs etc.

Avec ses bénéfices elle voudrait acheter un terrain pour ses enfants et les soutenir dans leurs études.

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
  • 44
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 466.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Aïda Thiam Fonk Liggey Group's $1,625 loan helped a member to buy foodstuffs for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 5, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012