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Khady Group
In this Group: Faty, Penda, Awa, Ndeye, Khady, Mame Faty, Ndeye, Fama, Sokhna, Soukaye, Ndieme, Amy, Ndoumbe, Marame, Nogaye
Solidarity group Khady was consolidated on October 5, 2011, on the same day that the "banc villageois" (village lending group) was inaugurated. It is composed of fifteen women, who all come from the same concession and are bound by a strong solidarity. Retail is their main activity.

Their leader Faty (. is 35 years old. She is married and a mother of two. Her business is the retail of black-eyed peas and other food products. She has a good experience of two years. She is standing all the way to the right in the picture, dressed in green- and orange-dyed clothes.

She purchases her products from the city’s central market and retails in her village, where she has clients.

She would like to purchase a good quantity of products to increase her revenues. She is planning to increase her savings so she can earn more to help her husband with the family’s expenses and also to provide for her children.
View original language description ↓
Le groupe de solidarité Khady est consolidé le 5 octobre 2011 date d'inauguration du banc villageois; il est composé de quinze femmes issues de la même concession et liées par une forte solidarité. Le commerce constitue leur activité principale.

La responsable Faty (. est âgée de 35 ans , elle est mariée mère de deux enfants; elle mène une activité de vente de niébé et autres produits alimentaires telles du mil et du maïs, elle a une bonne expérience de 2 ans. Elle est debout tout à fait à droite sur la photo habillée en tissu teinté vert-orange.

Elle achéte ses produits (niébé, mil et maïs) au marché central de la ville et revend dans son village où elle a des clients.

Elle souhaite acheter une bonne quantité de produits pour ainsi se faire plus de revenus.

Elle compte augmenter son épargne afin de pouvoir gagner plus et aider son mari dans les dépenses de la famille et aussi subvenir aux besoins 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

  • $2,300
    Average annual income
  • 90
    View loans »
    Senegal Loans Fundraising
  • $13,826,900
    Funds lent in using Kiva
  • 466.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Khady Group's $1,625 loan helped a member to purchase black-eyed peas, millet and corn.
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