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Tessito Group
In this Group: Binta, Nafissatou O, Mame, Rokhaya, Dieyla, Ata Aissatou, Maimouna, Bintou Boubacar, Hawa, Mariama M, Nene, Sona, Coumba
This solidarity group was founded on July 11, 2002. It is made up of thirteen women who live in this same neighborhood and whose main professional activity is retail business. Bintou is the facilitator of the group. In the picture, she is the woman standing on the right with her hand raised. Bintou is 54 years old. She is married and the mother of four children. Bintou works very hard: she sells fabrics and meat chickens. She has been pursuing these activities for several years now and has become quite proficient at her trade. The loan she is requesting will allow her to increase her capital and to further develop her business. The profits will allow Bintou to increase her savings and will improve her family's living conditions (in terms of health, food, clothes etc...).
View original language description ↓
Le groupe de solidarité est créé le 11 JUILLET 2002. Il est composé de treize femmes qui habitent le même quartier. Leur activité principale est le commerce.

Madame Bintou. qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 54 ans. Elle est mariée et mère de quatre enfants.

Elle s’active dans la vente de tissus et de poulet de chaire. Elle a une bonne expérience dans ces domaine d’activité, qu'elle pratique depuis plusieurs années.

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.…) et d’augmenter ses épargnes.

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
  • 47
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 487.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tessito Group's $4,325 loan helped a member to buy fabrics and young chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012