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Mamadoudiawara Group
In this Group: Aissatou, Fatou, Fatoumata, Aissatou, Maimouna, Ansatou, Gnima, Coumba, Haoulata, Ramatoulaye, Saibatou, Houleymatou, Salimatou Sekou, Fanta, Woude, Fatou, Fatoumata, Sona, Alimatou, Banna, Aminata, Meta, Salimata, Mariama Cisse, Penda Diouma, Nene Galle, Banna, Hawa
This group is made up of 28 women who are very active in the Banc Villageois, which was set up in May 2010. They all come from the same district and get on well together. Their principal activities are small trading businesses.

Aïssatou (sitting on the far right with her left hand raised) is the top borrower of the group. She is 56 years old, a widow and mother to nine children (four boys and five girls). She has a spot in the market where she sells smoked and dried fish, and she has two years' experience in this field.

With this loan, she is planning to get fresh supplies of dried and smoked fish in Petite-Côte. She is going to buy two baskets of smoked fish for 40,000FCFA and resell it on a retail basis for 70,000FCFA. She is also going to buy a basket of smoked fish for 10,000FCFA and resell it on a retail basis for 17,500FCFA. She pays 5,000FCFA for the transport and handling costs. Each fortnight after expenses related to her business and daily expenses have been deducted, she ends up with a net average profit of 25,000FCFA for the 15 day period.

The profits she makes from her business enable her to save with a view to buying a house for her children.
View original language description ↓
Ce groupe est composé de 28 femmes très actives dans ce banc villageois créé 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 Aïssatou (assise à l’extrême droite avec la main gauche levée) est l’emprunteuse vedette du groupe, âgée de 56 ans, elle est veuve et mère de 09 enfants (4 Garçons et 5 filles).
Elle a une place au marché ou elle vend du poisson fumé et séché, elle a une expérience de 02 ans dans ce domaine.

Avec ce prêt elle compte s’approvisionner en poisson séché et fumé dans la petite côte.
- Elle achète les 02 paniers de poisson fumé à 40 000F Cfa pour le revendre au détail à 70 000F Cfa
- Elle achète aussi le panier du poisson séché à 10 000F Cfa pour le revendre au détail à 17 500F Cfa
- Pour le transport et la manutention elle paie 5 000F Cfa
Chaque 15 jours après déduction de ses charges liées à son commerce et la dépense quotidienne elle se retrouve avec un bénéfice net de 25 000F Cfa en moyenne tous les 15 jours.

Les bénéfices de son activité lui permettront d’épargner et en vu d’acheter une maison pour ces 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
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 536.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mamadoudiawara Group's $3,425 loan helped a member to get fresh supplies of dried and smoked fish in Petite-Côte.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013