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Mareme's Group
In this Group: Mareme, Mada, Mbene, Nogaye, Ngabou, Mbene, Selle, Khady, Faty, Penda
The group was created on May 23, 2002. It is made up of women with solidarity amongst themselves and all working in the same area, which is small business.
Standing up at the right of the photo and raising her hand, the featured borrower Ngabou is 44 years old. She is married and the mother of six girls and one boy.
With the loan, she counts on buying 200 kgs of millet at 175XOF/kg, and 300g of ground nuts at 225XOF/kg.
She is going to resell in the weekly markets at a rate of 185XOF/kg for millet and 235kg for groundnuts.
With the profits, she will pay her interest, reinforce her savings, and provide for her children's school fees.

Le groupe a été crée le 23 Mai 2002. Il est composé de femmes solidaires entre elles et exerçant toutes la même activité qu'est le petit commerce.

Debout à droite de la photo et levant la main, la vedette Ngabou est âgée de 44 ans. Elle est mariée et mère de 06 filles et 01 garçon.

Avec le prêt reçu, elle compte acheter du mil pour 200 kgs à 175 frs le kg et de l'arachide pour 300 kgs à 225 frs le kg.
Elle va revendre dans les marchés hebdomadaires à 185 frs le kg de mil et 235 frs le kg d'arachide.

Avec les bénéfices elle paie ses intérêts, renforce ses épargnes et assure les charges scolaires de ses enfants.

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
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    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 $2,025 loan helped a member to buy ground nuts and millet to 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