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Awa's Group
In this Group: Awa, Amy, Astou, Fatou Iban, Nabou, Coumba, Helene, Amy, Coumba, Agnes*, Fatou Ngom, Amy, Yande, Khady, Marie Helene M*, Fatou Ndene, Aline, Aissatou, Coumba, Mously, Fatou
* not pictured
This group was formed 14 years ago. Its members work in perfect harmony together. Their main business activities are sales and animal raising.

Astou, who is stood on the right of the photo raising her hand, is 48 years old. She is married and the mother of nine children: six sons and three daughters.

Astou's business is selling ice cream. She will use her loan to buy baobab tree fruit, products such as sugar, vanilla and flavorings, and bags in which to freeze the ice cream.

With the profits she makes, Astou contributes toward her family's daily expenses and covers her children's medical expenses in case they are sick. She also provides her children with supplies, makes her interest payments, and increases her savings with her village bank.
View original language description ↓
Ce groupe est âgé de 14 ans. Les membres qui le composent, travaillent en parfaite collaboration. Leur principale activité est le commerce et l'embouche.
Astou, debout à droite de la photo et levant la main, elle est âgée de 48 ans. Elle est mariée et mère de 9 enfants dont 6 garçons et 3 filles.
Elle fait du commerce en vendant de la crème glacée. Elle achète du pain de singe, des produits comme du sucre, de la vanille,des arômes et des sachets pour congeler la crème.
Avec les bénéfices générés, elle participe à la dépense quotidienne, assure les frais médicaux des enfants en cas de maladie. Elle gère aussi les fournitures des enfants, paye ses intérêts et augmente ses épargnes dans le BV.

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
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Awa's Group's $4,950 loan helped a member to buy baobab tree fruit and products she needs for making cream (sugar, flavorings..).
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