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Beug Bamba Group
In this Group: Diatou, Brigitte, Marie Louise, Arame, Khady, Dianke, Awa, Marieme, Jacqueline, Fatoumata A., Coumba, Aïssatou
This solidarity group was created on the 23rd of March, 2001. It is made up of 12 women who live in the same area. They are principally small retailers.

Marième, on the left of the picture, raising her hand, is the group's leader. She is 62 years old, married and mother to 3 children. She is an experienced vegetable seller, who has been in this line of work for many years. This loan will enable her to strengthen her capital and better develop her business activities. The profits will allow her to improve her family's living conditions (health, food, clothing, etc.) and to increase her savings.
Le groupe de solidarité est créé le 23 Mars 2001. Il est constitué de 12 femmes qui habitent le même quartier. Leur activité principale est le petit commerce.
Madame Marième qui est à gauche de la photo levant la main est responsable de groupe. Elle est âgée de 62 ans. Elle est mariée et mère de 03 enfants.
Elle s’active dans la vente de légumes. Elle a une bonne expérience dans ce 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

  • $1,759
    Average annual income
  • 11
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 488.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Beug Bamba Group's $4,650 loan helped a member to buy vegetables for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 22, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012