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Pc Malicounda Group
In this Group: Birame, Sokhna, Mam Anta, Khady, Sophie, Fasar, Amy, Awa, Awa, Ndeye*, Daba, Salla, Aba, Maimouna*, Fatou, Ngone, Awa, Nogaye, Absa
* not pictured
This group of women are members of a "banc villageois" which was formed in 2008. The group comprises 19 women who live in the same village. They are united by common social bonds and their main business is retail.

Birane (sitting on the left of the picture, with her hand raised) is a 75-year-old married woman and the mother of 3 adult children. She has been a retailer for a long time and is very experienced in this area. Her new loan of 125 000 francs will enable her to restock on merchandise. The profits generated by her business allow her to pay for her grandsons' education, to buy food and to pay contributions to the mutual fund.
Ce groupe de femmes faisant partie d'un banc villageois a été crée depuis 2008. Il est composé de 19 femmes qui habitent le même village.

Elles sont unies par des relations sociales communes.Leur activité principale se trouve être le commerce.

Madame Birane (assise à gauche sur la photo et levant la main) est une femme mariée âgée de 75 ans et mère de trois enfants majeurs.

Elle fait du commerce depuis longtemps elle dispose d'une bonne expérience dans ce domaine .

Son nouveau crédit de 125000 f lui permettra de se procurer de la marchandise pré citée.

Les bénéfices de son activité lui permettent de payer la scolarité de ses petits fils ,de payer la nourriture

de cotiser à la mutuelle.

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

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,550
    Funds lent in using Kiva
  • 531.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Pc Malicounda Group's $2,650 loan helped a member to buy peanut butter and fish.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 30, 2012
Listed
Jun 4, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 4, 2012