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Mamadoudiawara Group
In this Group: Adama, Salimatou, Adama, Aissatou, Fatoumata, Oumou, Awa, Fatoumata, Kondedia, Dienabou, Maimouna, Oury Tening, Fatoumata Bintou, Yacine, Ansatou, Maya, Awa Sana, Fatoumata Binta, Housseynatou, Kadidiatou Moutarou, Assanaw, Aissatou , Asmaou, Fatoumata, Fatou, Fouleymatou, Mariama, Anadio
This group is made up of 28 women who are very active in their village bank which was created in May 2010. The women are all from the same neighborhood and have a good understanding between them. Their main activity is small business.

Fatou (sitting on the far right with her right hand raised) is the featured borrower for this group. She is 38 years old, married, and the mother of three children (two sons and one daughter).

Fatou buys and sells food products such as garlic, oil, etc. She has been in this business for two years. With this loan, she will stock up with oil, garlic and other food products from local wholesalers and then re-sell them in her neighborhood. She will buy the following:

One sack of sugar at 24,000 francs, which she will re-sell for 30,000 francs.
One 20 liter container of oil for 14,500 francs, which she will re-sell for 19,000 francs.
One 5kg box of garlic for 2,700 francs, which she will re-sell for 6,000 francs.
A sack of onions for 8,000 francs, which she will re-sell for 14,000 francs.

After selling her products and subtracting her transportation expenses, Fatou makes a net weekly profit of 15,000 francs. The profits she makes in her business will allow her to save and take care of some of her daily expenses and her children's school expenses.
View original language description ↓
Ce groupe est composé de 28 femmes très actives dans ce banc villageois créé en Mai 2010. Elles sont toutes issues du même quartier et ont une bonne entente entre elles. Elles ont comme activité principale le petit commerce.

Madame Fatou (assise à l’extrême droite avec la main droite levée), est l’emprunteuse vedette du groupe, âgée de 38 ans, elle est mariée et mère de 03 enfant (02 garçons et 01 fille).

Elle achète et vend des produits alimentaires comme l’aile, l’huile …, une activité qu’elle fait depuis 2 ans.
Avec ce prêt elle compte s’approvisionner en au niveau des grossistes de la place en huile, aile et autres produits alimentaire pour revendre en détaille dans son quartier.
- Pour un sac de sucre de 24 000F Cfa elle revend à 30 000F Cfa
- Pour un bidon de 20 litres d’huile à 14 500F Cfa elle revend à 19 000f Cfa
- Pour un carton d’aile de 5 kg à 2 700F Cfa elle revend à 6 000F Cfa
- Pour un sac d’oignon à 8 000F Cfa elle revend à 14 000F Cfa
Apres vente et déduction des frais de transport elle se retrouve avec un bénéfice net hebdomadaire de 15 000F Cfa.

Les bénéfices de son activité lui permettront d’épargner et de prendre en charge une partie de la dépense quotidienne et la scolarité de ses enfants.

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
  • 93
    View loans »
    Senegal Loans Fundraising
  • $13,891,350
    Funds lent in using Kiva
  • 520.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mamadoudiawara Group's $3,600 loan helped a member to stock up with oil, garlic and other food products from local wholesalers so that she can later sell them retail in her neighborhood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013