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Faty's Group
In this Group: Faty, Arame, Awa, Arame, Faty, Khoudia, Ndeye, Ramata, Faty, Mai, Arame, Astou, Marema, Marame, Coumba, Ndeye, Ndoumbe
This banc villageois was created on the 20th of December, 2011. The women got together to form the banc villageois as they have a good cohesion and work well together. During the rainy season, the women's primary activity is the cultivation of groundnuts.

Marame, standing in the picture and raising her hand, is 36 years old. She is married and the mother of 7 children, 4 boys and 3 girls. Her primary business is animal fattening but during this rainy season, she is considering farming. She will buy some groundnut seeds with the loan she receives. The harvest will be sold and the takings will enable her to resume her fattening business by buying ewes and goats. She uses the profits generated by her business to contribute to the daily household expenses and occasionally to pay the children's educational and medical expenses.
Ce BV est crée depuis le 20 décembre 2011. Une bonne cohésion et collaboration ont que les femmes se sont regrouper dans ce BV.En cette période d'hivernage les femmes ont comme activité principale la culture d'arachide.
Marame debout sur la photo et levant est âgée de 36 ans. Elle est mariée et mère de 07 enfants dont 04 garçons et 03 filles.Elle a comme activité principale l'embouche mais en cette période hivernale elle envisage de faire la culture.
Avec le prêt reçu elle va acheter de l'arachide pour la semence.Les récoltes vont être vendues, et les recettes lui permettront de reprendre son activité de l'embouche en achetant des brebis et chèvres.
Avec les bénéfices génères, elle contribue dans les dépenses quotidiennes de la familles et tantôt dans la scolarité et les frais médicaux des 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

  • $1,759
    Average annual income
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,116,775
    Funds lent in using Kiva
  • 536.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Faty's Group's $2,375 loan helped a member to buy groundnut seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 10, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013