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Jubbo Group
In this Group: Amy, Maty, Penda, Aby, Khady, Aida, Awa, Waraba, Ndéye Maty, Selle, Yacine, Binta, Fatou, Nogoye
This group is made up of 14 women from the same village. They organized their solidarity group based on personal affinities and neighborhood ties. Their main business is retail.

Khady, age 30, is married and the mother of three children. She's been a member of the Banc Villageois since its inauguration. She's a member and the leader of solidarity group Jubbo. She's standing on the far-left in the photograph.

She sells shoes and incense. She has a good experience in her domain, due to the fact that she's been running this business for several years.

She obtained a new loan that will help her buy new supplies (shoes, incense). With her profits, she will help her husband take care of the food and school expenses of her children.
View original language description ↓
Ce groupe est composé de 14 femmes de la même localité. Elles ont solidairement organisé leur groupe par affinité et par voisinage. Leur activité principale est le petit commerce.

Khady est une femme âgée de 30 ans. Elle est mariée et mère de 3 enfants. Elle est membre du banc villageois depuis son inauguration et elle appartient au groupe de solidarité Jubbo qu'elle dirige.
Elle debout à l extrême gauche de la photo.

Elle pratique le commerce par la vente de chaussures et d'encens. Elle dispose d'une bonne expérience dans son domaine pour l'avoir pratiqué depuis plusieurs années.

Elle a bénéficié d'un nouveau crédit qui lui permettra d'acheter de la marchandise (chaussures encens).

A l'aide de ses bénéfices elle va aider son mari dans la gestion des besoins alimentaires et scolaires 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

  • $1,759
    Average annual income
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 507.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jubbo Group's $1,875 loan helped a member to buy shoes and incense.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012