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Agath's Group
In this Group: Agath, Sokhna, Mame Bousso, Marie Helene*, Oumy, Die
* not pictured
The Banc Villageois (Village Lending Group) that houses this group was started on November 19, 2004. It is made up of six members living in the same area who get along. Their principal activities are sales, livestock fattening, and food service.
Oumy, 37 years old, standing up at the right of the photo and raising her hand, is married and mother of 7 children (2 boys and 5 girls). She runs her store where she sells general grocery products. She has been in this business since 1996. The loan will allow her to replenish her store by buying new products. Concurrent with running this business, she practices pork fattening. With the remainder of the money, she will buy pigs which she will raise up to five months and resell them at the market.
The profits generated will be used for her children's education and the family's well-being.
Le Banc Villageois qui abrite ce groupe a vu le jour le 19 novembre 2004. Il est composé de 06 membres habitant la même localité et vivant dans la bonne entente. Leurs principales activités sont le commerce, l'embouche et la restauration.
Oumy, 37 ans, debout à droite de la photo et levant la main, est mariée et mère de 07 enfants dont 02 garçons et 05 filles. Elle gère son magasin où elle vend de l'alimentation générale. Elle pratique cette activité depuis 1996. Le prêt lui permet de renflouer son magasin en achetant de nouveaux produits. Elle fait comme activité parallèle de l'embouche porcine. Avec ce qui reste de l'argent, elle achète de porcins qu'elle élève et au bout de 05 mois, les revends sur le marché.
Les bénéfices générés vont servir à la scolarisation de ses enfants et aussi au bien-être de la famille.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Agath's Group's $5,475 loan helped a member to buy foodstuffs to replenish her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 8, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013