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Awa's Group
In this Group: Awa, Thioro, Astou, Ndiague, Coumba, Khemesse, Aby, Ndogue, Ndeye, Tening, Coumba, Selbe, Bigue, Adama, Ngone, Astou, Amy, Awa, Khemesse, Diouma, Djibel, Fatou Sawro, Fama, Fatou, Ndioba, Diouma
The group was created on December 13, 2008. The 26 members that make up the group have good social cohesion amongst themselves. They all practice the same line of work, which is small business.

Standing up at the right of the photo, Thioro, the leader, is 67 years old. She is a widow, and mother of one boy and six girls.

Once she receives her loan, she is going to buy millet, sugar, and oil, which she is going to resell in the village, as well as sheep. She buys millet at 75XOF/kg and resells it at 250XOF, and the sheep at 7500XOF, to resell at 25,000XOF.

With the profits generated from this business, she is going to participate in meeting the expenses of her children, supporting them in nutrition, education, and healthcare if needed.

Le groupe a été crée le 13 Décembre 2008. Les 26 membres qui composent le groupe ont une bonne cohésion entre elles. Elles exercent toutes la même activité qu'est le petit commerce.

Debout à droite de la photo, Thioro la vedette est âgée de 67 ans , elle est veuve et mère d'un garçon et six filles.

Son prêt reçu, elle va acheter du mil, du sucre et de l'huile qu'elle va revendre dans le village ainsi que des moutons. Elle achète le kg de mil à 75 f et revend à 250 f et le mouton à 7 500 f pour revendre à 25 000f.

Avec les bénéfices générés par son activité, elle va participer à la prise en charge de sa progéniture en leur soutenant dans l'alimentation, la scolarité et les soins sanitaires en cas de besoins.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Awa's Group's $5,300 loan helped a member to buy millet, sugar, oil, and sheep to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 13, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 26, 2013