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Malick's Group
In this Group: Malick, Satou*, Marame, Mareme, Mbayang, Ami, Mbene, Sagar, Ami, Oumoul, Thioro, Dior, Fatou Selle, Amy Ndiaye, Khady, Khardiata, Fatime, Yande, Oumoul, Baulole, Ndeye, Nogoye
* not pictured
This village bank was formed on February 7th, 2001. The members get along well together and are supportive of each other.

Marame, stood on the right of the photo raising her hand, is 60 years old. She is married and has six children: four sons and two daughters.

Marame's business is fattening sheep. With this loan, she will buy four sheep at 25,000 francs each. She will also buy animal feed and pay vet fees. At the end of five months, she will re-sell the sheep for 35,000 francs each.

The profits Marame makes will allow her to buy another sheep which she will keep for herself. She will also be able to strengthen her savings.
View original language description ↓
Le banc villageois a été crée le 07 Février 2001. Les membres qui le composent ont une bonne entente et une solidarité de groupe.
Marame, debout à droite de la photo et levant la main est âgée de 60 ans. Elle est mariée et mère 6 enfants dont 04 garçons et 2 filles.
Elle fait comme activité l'embouche ovine, avec le prêt elle va acheter 4 sujets, l'un à 25000f. Concernant l'engraissement du bétail, elle achète de l'aliment et gère aussi les frais vétérinaires. Au de bout de 5 mois quand elle va revendre elle avoir l'un à 35 000f.
Les bénéfices générés servent à acheter un autre sujet qu'elle va garde pour elle même. Elle pourra aussi renforcer ses épargnes avec les bénéfices.

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
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Malick's Group's $5,425 loan helped a member to buy 4 sheep and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 5, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013