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Montagne Sud Group
In this Group: Binetou, Fatou, Fatou Dame , Penda, Aïda
The Montagne Sud "Banc Villageois" (local loan association) was created on March 28, 2008. The PS2 group consists of five women living in the same neighborhood and whose major activities are farming and trade.

The borrower being featured is Ms. Binetou who is 36 years old. She is married with three children: two girls and a boy. She runs a sheep- and cattle-fattening business and has a parallel activity as a seamstress. She has accumulated five years' experience. On the photo she is standing to the right dressed in a "wax" pagne and a pink shawl, and is raising her left hand.

She buys her livestock at the city's fairground and sells them after five to six months of fattening.

With her special loan she wants to buy two sheep and two cows she will fatten and is counting on substantial benefits from the sale.

She plans to use her profits to expand her savings and support her husband in dealing with her family's daily expenses.
View original language description ↓
Le Banc Villageois Montagne Sud est créé depuis le 28 mars 2008.Le groupe PS2 est composé de cinq femmes qui habitent le même quartier et ont comme principales activités l'élevage et le commerce.

L'emprunteur vedette madame Binetou est âgée de 36 ans; elle est mariée mère de trois enfants deux filles et un garçon. Elle mène une activité d'embouche ovine et bovine et fait parallèlement de la couture, elle capitalise une bonne expérience de plus de 5 ans.Sur la photo elle est debout à droite habillée en wax,couverte d'un châle rose et a levé la main gauche.

Elle achète ses sujets au foirail de la ville et revend après 5 à 6 mois d'embouche.

Elle souhaite avec son prêt spécial acheter 2 moutons et 2 vaches qu'elle va engraisser et compte se faire beaucoup de revenus à la vente.
Elle utilise ses bénéfices pour développer son épargne et soutenir son mari dans la gestion quotidienne des dépenses de sa famille.

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
  • 29
    View loans »
    Senegal Loans Fundraising
  • $12,994,300
    Funds lent in using Kiva
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Montagne Sud Group's $3,925 loan helped a member buy sheep and cows to raise for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 9, 2012
Listed
May 17, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012