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Bata Yacine's Group
In this Group: Bata Yacine, Awa, Sokhna Raby*, Mbene, Magatte Mamadou, Magatte Ablaye
* not pictured
This group was created on December 30, 2009. It comprises six women from the same village. They are organized by affinity and neighborhood. Their main work involves small-scale commerce and the fattening of sheep.

Magatte Mamadou (standing at the right in the photo) is the group's official. She is 38 years old and has four children to support. She has a business selling clothing. Parallel to this, she fattens sheep. She has been doing this work for a long time.

Her loan will enable her to purchase merchandise: 10 lengths of cloth, 10 packets of accessories for 'pagnes' (the colorful cloth of western Africa), and some sheep for business purposes and for satisfying her customers. Her goal is to support her family and to bolster her savings at every group meeting.
View original language description ↓
le groupe a été créé le 30 décembre 2009.IL est composé de 06 femmes issues du même village. Elles se son&ét organisées par affinité, par voisinage. Leur activité principale est le petit commerce et l'embouche ovine. Magatte Mamadou(debout à droite sur la photo) est responsable du groupe. Elle est âgée de 38 ans. Elle a en charge 04 enfants. Elle a comme activité principale le petit commerce d'habits. En parallèle elle fait de l'embouche Ovine. Elle mène cette d'activité depuis longtemps. Son prêt va lui permettre d'acheter la marchandise 10 pièces de tissus 10 paquets de garniture pour les pagnes et des moutons pour la poursuite de ses activités et la satisfaction de sa clientèle. Son objectif est de pouvoir subvenir aux besoins de sa famille et de renforcer son épargne à chaque réunion.

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

  • $2,300
    Average annual income
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bata Yacine's Group's $5,650 loan helped a member to purchase clothing, thread, and sheep.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 1, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013