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Faty Arele
Faty Arèle is a 44 year old woman. She is divorced and mother of two dependent children. She has been a member of the Villageois Bank since May 14, 2010. She is a member of the BOKK JOM solidarity group. She runs a small business selling fabric, curdled milk and "thiakri" (coucous with milk). She is doing well since she has been in business for many years. With her new loan of 350,000 francs, she will develop her business by increasing her supply of goods (fabric, milk, and "thiakri") to satisfy her customers. Her goal is to take care of the educational and health needs of her two children while building her savings at the Villageois Bank.
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Faty Arèle est une femme de 44 ans. Elle est divorcée et mère de deux enfants en charge. Elle est membre du Banc Villageois depuis le 14 mai 2010. Elle fait partie du groupe de solidarité "BOKK JOM"

Elle développe un petit commerce de tissus, de lait caillé et de "thiakri" (couscous au lait). Elle a une bonne dans ce domaine d'activité pour l'avoir pratiqué depuis plusieurs années

Avec son nouveau crédit de 350.000 francs cfa elle va développer son activité en renforçant son niveau d'approvisionnement en marchandises (tissus, lait et "thiakri" pour satisfaire sa clientèle.

Son objectif de prendre en charge les besoins scolaires et sanitaires de ses deux enfants tout en renforçant ses épargnes dans le Banc Villageois

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.

About Senegal

  • $2,300
    Average annual income
  • 90
    View loans »
    Senegal Loans Fundraising
  • $13,891,275
    Funds lent in using Kiva
  • 502.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Faty Arele to buy fabric, curdled milk and "thiakri".
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012