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Veronique's Group
In this Group: Veronique, Mame, Fatou Diop, Marie Joe, Rocky, Oumy, Elisabeth, Khemesse
This group has been together for 14 years and its members work very well together. Their main business is the fattening and selling [of animals].

Khemesse, standing on the right side of the photo with her hand raised, is 65 years old. She is a widow and a mother of eight children, five boys and three girls. She also supports ten grandchildren.

With this loan, she hopes to buy some sheep and then fatten them up. After about five months, she will resell them.

The profits from this will allow her to manage her living expenses. And when her grandchildren get sick, she can take care of the medical costs. She also supports her grandchildren by paying for their school fees.
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.
Khemesse, debout à droite de la photo et levant la main est âgée de 65 ans. Elle est veuve; mère de 08 enfants dont 05 garçons. Elle a en charge aussi 10 petits enfants.
Avec le prêt reçu elle compte faire de l'embouche ovine, elle achète les sujets et les engraisse et au bout de 5 mois elle les revend.
Les bénéfices générés lui permettent de gérer la dépense quotidienne, lorsque ses petits enfants tombent malades j'assure leurs frais médicaux. J'appuie aussi mes enfants à payer les frais de scolarité de ses petits 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
  • 53
    View loans »
    Senegal Loans Fundraising
  • $13,028,825
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Veronique's Group's $5,025 loan helped a member to buy sheep.
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