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Fatim's Group
In this Group: Fatim, Madjiguene, Bayang, Rosalie Aissatou, Maty*, Mareme, Yacine, Aida, Ngone, Thiorro, Codou, Amy, Gass, Naar, Maimouna, Soda, Astou
* not pictured
This group was created during the first cycle of the local village loan fund and comprises women who come from the same area and are united by good social and professional relations.
The featured borrower Ngoné is a married woman. She is 50 years old and has three children, all of whom are girls.
She is sitting all the way on the left in the photo, in the multicoloured dress.
Ngoné runs a business selling fish.
Her new loan of 65,000 FCFA will allow her to pay for baskets of fish that she is going to sell at retail in her area. She has good experience in this field, having been active for a long time.
The profits earned allow her to take care of the nutritional, educational, and health needs of her children.
Ce groupe a été crée depuis le cycle un du BV il regroupe des femmes issues d'une même localité. Il regroupe des femmes unies par de bonnes relations sociales et professionnelles.
L'emprunteur en vedette Ngoné est une femme mariée. Elle est âgée de 50 ans et mère de 3 enfants toutes des filles.
Elle est assise à l’extrême gauche de photo habillée en camisole multicolore.
Ngoné fait du commerce par la vente de poissons.
Son nouveau crédit de 65000 francs CFA lui permettra de se payer des paniers de poissons qu'elle va revendre au détail au niveau de son quartier. Elle dispose d'une bonne expérience dans ce domaine pour l'avoir pratiquée depuis longtemps.
Les bénéfices réalisés lui permettent de prendre en charge les besoins alimentaires,scolaires et sanitaires 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
  • 47
    View loans »
    Senegal Loans Fundraising
  • $13,116,800
    Funds lent in using Kiva
  • 492.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatim's Group's $2,925 loan helped a member to buy baskets of fish.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Feb 17, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013