Check out some available loans that are similar to this one!
Waloo Group
In this Group: Maïmouna, Yacine, Ndeye Anta, Racky, Aïda, Sokhna, Soda, Darro , Fatou Khary, Fatou, Ndeye Fatou , Thiane, Aïda, Aïda, Seynabou
The Waloo solidarity group was created on 9 July 2011. It is made up of 15 women who are all neighbours and small-scale retailers.

The head of the group is Maïmouna. She is 51 years old and married with 8 children. She also cares for her late sister's three children.

Her business is selling second-hand clothing and seasonal fruit, and she benefits from 6 years experience. She is pictured on the right wearing blue and white Khartoum cloth and holding a booklet.

Maïmouna buys and resells the fruit (mangoes, oranges, watermelons, etc.) and the second-hand clothing at the central market. With her loan she is planning to strengthen her business in order to attract many customers and increase her revenue. She helps her husband pay for her children's school fees and clothing.
View original language description ↓
Le groupe de solidarité Waloo a été créé le 9 juillet 2011, il est composé de quinze femmes qui sont unies par des liens de voisinage et ont une activité commune le petit commerce.

La responsable Maïmouna est âgée de 51 ans,elle est mariée mère de huit enfants, elle a en charge aussi trois enfants orphelins de sa défunte sœur; elle fait du petit commerce de friperie et de fruits de saisons, elle capitalise une bonne expérience de 6 ans. Elle est à droite habillée en Khartoum bleu-blanc avec un livret à la main.
Elle achéte les fruits( mangues, oranges, pastèque.....)friperie au marché central de la ville et revend sur place.

Elle compte avec son prêt renforcer son activité pour attirer une grande clientèle pour ainsi se faire plus de revenus.
Elle appui son mari dans la scolarité des enfants et leur habillement.

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 503.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Waloo Group's $1,875 loan helped a member to buy second-hand clothes and seasonal fruit for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 18, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012