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Oumy's Group
In this Group: Oumy, Mariama, Ndeye Awa*, Mame Asta, Dieynaba, Marie F, Aminata, Nogoye, Adama, Aminata, Ndeye Rokhaya, Astou, Absa, Mareme, Ndeye Yacine, Fatou Suzanne, Coumba Daouda, Aminata, Aminata, Fatou, Amy, Mbacke, Marie
* not pictured
This group was founded on 28 May 2009 and comprises 23 women from the same area who share common social values. The group leader, Ms. Ndeye Yacine, is a 40-year-old married mother of two children - one son and one daughter.
She is standing all the way on the left in the photo.
She has run a business selling cosmetics for a long time and has gained good experience in this field.
With her new loan of 140,000 FCFA, she is going to buy tubes of lotion and bottles of perfume, which she will resell at retail in her area and to her friends.
The profits from her small business help her take care of her children's nutritional, educational, and health needs.
Ce groupe a été fondé depuis le 28/05/2009 il est composé de 23 femmes issues du même quartier partageant des valeurs sociales communes.Le responsable madame Ndeye Yacine est une femme mariée âgée de 40 ans et mère de 2 enfants dont une fille et un garçon.
Elle est debout à l’extrême gauche de la photo.
Elle s'active dans le commerce de produits cosmétiques depuis longtemps et dispose d'une bonne expérience.
Son nouveau crédit de 140000 francs cfa elle va se payer des tubes de lait de toilettes et des bouteilles de parfums qu'elle va revendre au détail au niveau de son quartier à des amis.
Les bénéfices tirés de son petit commerce l'aident à 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

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,550
    Funds lent in using Kiva
  • 482.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Oumy's Group's $4,225 loan helped a member to buy cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013