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Adama's Group
In this Group: Adama, Saliou, Assite, Diarra, Coumba, Aminata, Thiane, Fatou, Ndeye*, Mame Fatou, Yvette, Ndoumbe, Oumou, Odette, Sokhna, Fatou, Arame*, Fatou
* not pictured
This group was created during the first cycle of the local village loan fund and comprises women from the same area united by good social and professional relations.
The group leader, Ms. Diarra, is a 51-year-old widowed mother of five children - one sons and four daughters.
She is standing all the way on the left in the photo, dressed in a large mauve boubou with her hand raised.
She runs a business selling various items, and her new loan of 200,000 FCFA will allow her to buy ready-to-wear clothing, pairs of shoes, and dyed fabric, which she will resell at retail in her area and to her friends.
The profits realized from this business allow her to take care of her children's nutritional, educational, and health needs.
Ce groupe a été crée depuis le cycle premier du banc villageois et il est composé de femmes du même quartier unies par de bonnes relations sociales et professionnelles.
Le responsable madame Diarra est une veuve âgée de 51 ans et mère de 5 enfants dont un garçon et quatre filles.
elle est debout à l’extrême gauche de la photo la main levée habillée de grand boubou meuve.
Elle s'active dans le commerce par la vente de produits divers, son nouveau crédit de 200000 francs cfa lui permettra de se payer des habits prêt à porter des paires de chaussures et tissus teintés qu'elle va revendre au détail au niveau de son quartier à des amies.
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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 482.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Adama's Group's $3,375 loan helped a member to buy clothing, shoes, and dyed fabric for a small business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 22, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013