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Mariama Mina's Group
In this Group: Mariama Mina, Binta
These two women are founding members of the local Banc Villageois, and they have set an example that many would like to follow. They have worked steadily at expanding their activities and never stopped believing in the system. They are highly experienced merchants who have availed themselves of all that the MFI has to offer.

Mrs. Mariama (with her hand raised in the photo), is the featured member for the group. She is 49 years old and married with six children, three boys and three girls. She has been running a restaurant for over 10 years, and she has a few employees to help her manage the business. As a side business, she sells ice cream in her neighborhood.

This new loan will help her to stock up on rice at 15,000 FCFA per bag. She will also buy ten 20-liter jugs of oil, and some condiments. She buys her vegetables on a day-to-day basis depending on the daily special.

She will use her profits to build a house to better help her children pursue their studies.
Membres fondateurs du banc villageois, ces deux femmes sont des exemples que beaucoup de femmes dans ce groupement aimeraient copier. Elles n’ont cessé d’accroître leurs activités et de croire à la fiabilité du système. Commerçantes très expérimentées elles ont eu à bénéficier de tous les produits qu’offre l’institution.

Madame Mariama (debout avec une main levée), est l’emprunteuse vedette du groupe. Elle est âgée de 49 ans, elle est mariée et mère de 06 enfants (03 garçons et 03 filles). Elle fait de la restauration activité qu’elle mène depuis plus d’une décennie, elle emploie quelques personnes comme aide dans la gestion du restaurant. parallèlement, comme activité secondaire, elle vend de la crème glacée dans son quartier

Ce nouveau lui permettra d’approvisionner en quantité en sac de riz à 15 000 FCFA le sac en huile pour 10 bidons de 20 litres et des condiments cependant les légumes seront achetés au jour le jour suivant le plat du jour.

Avec les bénéfices tires de cette activité elle compte construire une maison pour mieux assurer la suivie scolaire 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

  • $1,759
    Average annual income
  • 35
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 512.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Mariama Mina's Group's $4,900 loan helped a member to buy rice, oil and condiments for her restaurant.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 6, 2012
Listed
Oct 3, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 2, 2012