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Fatoumata Binta's Group
In this Group: Fatoumata Binta, Gnima, Aissatou, Tiguidanke, Adama, Binta, Dieynabou Samba, Idiatou, Fatoumata, Safiatou, Hadiyatou, Mariama Dioulde, Binta, Adama Hawa, Salimatou, Kadidiatou, Dienabou Selou, Fatoumatou, Dieynabou, Khady, Adama, Raguietou, Goundo, Dienabou, Maimouna, Fatou, Fatoumata Zahra, Dieynaba, Kadiatou, Aissatou
The group Bantagnel was created on August 13, 2011 when their 'banc villageois' was inaugurated. It comprises 30 members living in the same district. This group is characterized by a good social atmosphere. The name Bantagnel is borrowed from the district sheltering it. Their main work involves small-scale commerce.

Ms. Binta (seated at the far right) is the featured borrower of the group. She is 30 years old and unmarried, and she lives with her parents. She is a vendor of fruit drinks made with local products, such as hibiscus flowers, 'monkey bread' (the fruit of the baobab tree), ginger, tamarind,…. Right now she has a small machine enabling her to package 250-ml quantities of drinks in plastic pouches at a price of 100 francs CFA each. She sells at the central market in her district. She enjoys good experience in this business for having worked at it for over three years.

Her new loan will allow her to do better in stocking up on the ingredients for making different drinks for resale.

With the profits, she plans to develop her business, to assist her parents in covering day-to-day expenses, and in particular to gain financial autonomy.
View original language description ↓
Le groupe Bantagnel a été créé le 24 Août 2011 lors de l’inauguration leur Banc villageois. Il compte 30 membres qui vivent dans un même quartier. Ce groupe est caractérisé par un bon climat social. Le nom Bantagnel est emprunté du quartier qui abrite. Leur activité principale est le petit commerce.

Madame Binta (assise à l’extrême droite) est l’emprunteuse vedette du groupe. Elle est âgée de 30 ans, est célibataire et vie avec ses parents. Elle est vendeuse de jus fruit à base de produits locaux par comme le bissap, jus de pain de singe, gingembre, de tamarin …. Actuellement elle dispose d’une petite machine la permettant de faire des emballages en sachet d’un quart de litre au prix de 100 FCFA l’unité au marché central et dans son quartier. Elle jouit d’une bonne expérience dans cette activité pour l’avoir pratiqué pendant plus de trois ans.

Son nouveau prêt va lui permettre de mieux s’approvisionner en quantité en intrant pour la préparation des différents jus destinés à la vente.

Avec les bénéfices, elle compte en partie développer son commerce, accompagner ses parents dans la prise en charge des dépenses quotidienne et surtout gagner en autonomie financière.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,192,350
    Funds lent in using Kiva
  • 512.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatoumata Binta's Group's $3,450 loan helped a member to stock up on the ingredients for making different drinks for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013