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Babatt Group
In this Group: Fatou Siaka, Mariama L, Mariama A, Amy*, Aissatou K, Fatou Ibou, Sire, Diarietou, Awa, Diarra*, Mousso, Sire Sitapha, Saly, Fatou Lantombon, Amy Diedhiou, Amy Papiya, Dienaba, Diatou, Mariama*, Souadou, Nene *, Saly, Aissatou Babaye, Khady
* not pictured
These group members are mostly on the same cycle as the 'banc villageois', created on the 6th of June, 2001. They live in the same village and are principally small retailers.

Souadou, on the right of the picture, with her hand raised, is the featured borrower. She is widowed and the mother of 9 children, 5 boys and 4 girls. She is 66 years old. She buys sugar and dried fish in the large towns of the area and resells it in the village, where demand is very high. She plans to renew her merchandise and buy a bag of sugar and a basket of dried fish, which she will resell, retail. She aims to ensure a good future for her children by, amongst other things, paying for their education and building up her savings.
CES MEMBRES POUR LA PLUS PART ONT LE MÊME CYCLE QUE LE BANC VILLAGEOIS CRÉE LE 06 JUIN 2001. ELLES HABITENT LE MÊME VILLAGE ET ELLES EXERCENT LE PETIT COMMERCE COMME ACTIVITÉ PRINCIPAL.

MADAME SOUADOU QUI EST A LA DROITE DE LA PHOTO LEVANT LA MAIN ET L EMPRUNTEUSE EN VEDETTE. ELLE EST VEUVE ET MÈRE DE 09 ENFANTS DONT 05 GARÇONS ET 04 FILLES. ELLE EST ÂGÉE DE 66 ANS.

ELLE ACHÈTE DU SUCRE ET DU POISSON DANS LES GRANDES VILLE DE LA RÉGION POUR LES REVENDRE AU VILLAGE OU LA DEMANDE ET TRÈS FORTE.

ELLE COMPTE ACHETER UN SAC DE SUCRE ET UN PANIER POISSON SEC QU ELLE VA REVENDRE EN DÉTAIL. LA MARCHANDISE EST RENOUVELLEE.

ELLE VISE A ASSURER L AVENIR DE SES ENFANTS QUI D AUTRES EN PAYANT LEUR SCOLARITÉ ET RENFORCER 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
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 530.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Babatt Group's $3,125 loan helped a member to buy sugar and dried fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 23, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012