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Ndeye Fatou's Group
In this Group: Ndeye Fatou , Khadidiatou *, Coumba , Marame , Aminta , Boury , Yacine , Binta , Adama , Fatou , Borso , Coumba Tacko , Awa , Seynabou , Awa , Fatou
* not pictured
This group of 16 women has been together since December 15, 2008, the date when their Banc Villageois was founded. The leader of the group is a widow named Coumba who has five children in her care. She runs a small business selling shoes, fabric and small pouches. She purchases her supplies in the capital and then resells them in her village. Coumba started her business with the help of CAURIE Microfinance, who came to her village in late 2008. With the income she earns, Coumba wants to increase her savings and pay for her family's expenses.
View original language description ↓
Ce groupe de 16 femmes existe depuis le 15/12/2008, date de création du Banc Villageois .

Coumba responsable du groupe est une veuve avec 5 enfants à sa charge.Elle s'active dans le petit commerce de chaussures ,de tissus et de pochettes.Elle s’approvisionne à la capitale pour les revendre ensuite dans son village.
Elle a commencé son activité avec la venue de CAURIE dans son village fin 2008.

Avec les bénéfices obtenus elle veut développer son épargne et prendre en charge les dépenses familiales.


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
  • $13,115,725
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ndeye Fatou's Group's $3,400 loan helped a member to purchase fabric and shoes to resell in her village.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 1, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013