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Marie Louise's Group
In this Group: Marie Louise, Marie Marthe, Veronique, Josephine Codou, Marie Therese Ndew
This group of 5 women has been a part of the "banc villageois" since December 2008. They are on their 9th loan. They are all united by strong neighbourly bonds. The featured borrower, Marie Marthe, is a widow and the mother of 6 dependent children. She is 50 years old. She is standing on the right of the picture, raising her hand and wearing a yellow Bou Bou. Her main business is the sale of fabrics. This is a line of work in which she has a lot of experience, as she has been doing it a long time. She will buy some rolls of fabric (damask and wax) with her new loan of 500 000 francs. The profits generated will allow her to take care of the needs of her children, whom she is raising on her own.
Ce groupe de cinq femmes est membre du banc villageois depuis décembre 2008. Elles en sont à leur 9ème prêt
Elles sont toutes unies par de bonnes relations de voisinages.
Emprunteur en vedette, Marie Marthe, est veuve et mère de 6 enfants à sa charge. Elle est âgée de 50 ans.
Elle est debout à droite de la photo la main levée et habillée en boubou jaune.
Son activité principale se trouve être le commerce par la vente de tissus. Domaine dans lequel elle dispose d'une bonne expérience pour l'avoir pratiquée depuis longtemps.
Avec son nouveau crédit de 500000 francs cfa elle va se payer des rouleaux de tissus basin et wax,
Les bénéfices réalisés lui permettront de prendre en charge les besoins de ses enfants dont elle s’occupe toute seule.

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
  • $13,894,575
    Funds lent in using Kiva
  • 489.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Marie Louise's Group's $3,775 loan helped a member to buy rolls of fabric for resale to retail customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013