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Binta's Group
In this Group: Binta, Daro, Soukeye, Mama Anta, Mayane, Maguette, Dial, Aby, Fatou Bintou, Ndeye Codou
The Mbamba banc villageois was created on May 23, 2002. It is composed of women who have a strong relationship with each other and who all engage in small-scale commerce. Standing on the right of the photo with her hand raised is Fatou, the featured borrower of this group.

Fatou is 44 years old, married, and a mother of three boys.

With this loan, she intends to buy three sheep at 35,000 francs each. She will rear these sheep for a certain amount of time and then resell them for 60,000 francs [each].

The profits from these sales will allow her to strengthen her business.
View original language description ↓

Le banc villageois de Mbamba a été crée le 23 Mai 2002. Il est composé de femmes ayant une bonne solidarité de groupe et exerçant la même activité qu'est le petit commerce.

Debout à droite de la photo et levant la main la vedette Fatou est âgée de 44 ans. Elle est mariée et mère de 03 garçons.

Avec le prêt reçu, elle compte acheter 03 moutons à 35 000 frs l'unité qu'elle élève pendant un certain temps pour revendre à 60 000 frs.

Les bénéfices générés par l'activité lui permettent de renforcer son activité de commerce.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Binta's Group's $6,050 loan helped a member to buy three sheep to rear 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