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Fatou's Group
In this Group: Fatou, Farry*, Binta , Binta, Mame Dior, Binta, Marame, Fatou*, Yacine, Awa, Alimata, Ramata, Codou, Sokhna, Ndeye, Yacine, Falla, Yacine, Mayacine, Nafi, Seynabou
* not pictured
This group was formed during the first cycle of the local village loan fund. It comprises women from the same area, all of whom sell fish.
They are united by good social and professional relations.
Yacine is the featured borrower; she is standing on the left in the photo, dressed in a dyed dress with her hand raised. She is 48 years old and has seven children, four of whom are boys.
Ms. Yacine has run a business selling fish for almost ten years and has gained good experience in this field. With her new loan of 100,000 FCFA, she is going to buy baskets of fresh fish, which she will sell at the fishing dock.
The profits earned allow her to pay for electricity and water at her home.
Ce groupe a été crée depuis le cycle premier du banc villageois il regroupe des femmes du même quartier vendeuses de poissons.
Elles sont unies par de bonnes relations sociales et professionnelles.
Yacine est l'emprunteur en vedette de ce groupe elle debout à gauche de la photo habillé en camisole teintés la main levée. Elle est âgée de 48 ans et mère de sept enfants dont 4 garçons.
Madame fait du commerce de poissons depuis bientôt dix ans et dispose d'une bonne expérience dans ce secteur . Avec son nouveau crédit 100000 francs cfa elle va se procurer des paniers de poissons frais qu'elle va revendre au niveau du quai de pèche.
Les bénéfices réalisés lui permettent de payer les factures d’électricité et d'eau de sa maison.

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

  • $2,300
    Average annual income
  • 48
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 492.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatou's Group's $5,175 loan helped a member to buy fresh fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 17, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013