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Mareme's Group
In this Group: Mareme , Maguette, Mbayang, Aïssatou, Awa
This village lending group (banc villageois) was created on February 7, 2001. The members that make it up have a good understanding of one another and group solidarity.

Standing up at the right of the photo and raising her hand, the featured borrower Aîssata is 55 years old. She is married and the mother of five children: two boys and three girls.

With her loan, she is going to practice sheep fattening and stocks up at a local market. She buys six sheep for 30,000XOF each, which she fattens over five months to resell for 65,000XOF each. The overall cost (food and vaccinations) is up to 60,000XOF.

The profits generated by this business allow her to improve the conditions of her family's life in terms of nutrition.

Ce banc villageois a été crée le 07 Février 2001. Les membres qui le composent ont une bonne entente et une solidarité de groupe.

Debout à droite de la photo et levant la main la vedette Aîssata est âgée de 55 ans. Elle est mariée et mère de 05 enfants dont 02 garçons et 03 filles.

Avec son prêt reçu, elle va faire de l'embouche ovine et s'approvisionne au marché de sa localité. Elle achète 06 moutons à raison de 30 000 frs l'un qu'elle engraisse pendant 05 mois pour revendre à 65 000 frs l'unité. La charge globale ( nourriture et vaccins ) s'élève à 60 000 frs.

Les bénéfices générés par l'activité lui permettent d'améliorer les conditions de vie de sa famille en nourriture.

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
  • 48
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mareme's Group's $2,725 loan helped a member to buy sheep to fatten and resell.
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