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Tessito Gadamayo/nafore Group
In this Group: Bintou, Khadidiatou, Khadidiatou, Thilo, Awa, Fatou Mamadou, Fatou, Awa, Mama, Fatoumata Diallo, Hawa, Ndoumbe, Bintou, Mariama, Mariama, Fatoumata Ndeye, Haby, Aissatou, Fatou
Group Naforé was created on November 15, 2006, on the day of the inauguration of the "banc villageois" (village lending association). It is composed of 19 women, all coming from the same district. The members are all related. Their main business is retail.

Mrs. Fatou (sitting all the way to the right) is the group's leader. She is 49 years old. She is married and a mother of four. She also has two of her nephews in her care.

She sells fruits and vegetables, palm oil and honey at her local market. She has a lot of experience in this business, since she has been active in it for about ten years.

Specifically, her new loan will enable her to purchase honey for retail.

She wishes to support her husband in providing for the family's needs in terms of health and food. In addition, she is planning on creating savings for future investments.
View original language description ↓
Le groupe Naforé est créé le 15 Novembre 2006 au jour d’inauguration du banc villageois. Il est composé de 19 femmes qui sont toutes issues du même quartier. Les membres ont des liens de parenté. Elles ont comme activité principale le petit commerce.

Madame Fatou (assise à l’extrême droite) est responsable du groupe. Elle est âgée de 49 ans. Elle est mariée et mère de quatre enfants, elle prend en charge aussi deux de ses neveux.

Elle vend des fruits et légumes, de l’huile de palme et du miel dans le marché de son quartier. Elle a une bonne expérience dans ce domaine pour l’avoir pratiqué pendant environs dix ans.

Son nouveau prêt lui permettra spécifiquement d’acheter du miel pour la revente.

Elle désire soutenir son mari dans la prise en charge sanitaire et alimentaire de la famille, de même elle compte constituer une épargne pour de futurs investissements.

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
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 486.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tessito Gadamayo/nafore Group's $3,250 loan helped a member to buy honey for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 22, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012