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Cyte Lamy Group
In this Group: Berth , Khady, Yacine , Madjiguene, Alphie *, Siga, Salimata, Ndeye Ndella, Arame Top, Salimata, Fatou Camara , Ramatoulaye, Néné, Aissatou
* not pictured
Yacine was born on 4th June 1969. She is married and mother to nine children: six boys and three girls. She has been trading since she joined the Banc Villageois and she is very experienced in the field of second-hand clothing. With her loan of 115,000 francs she is planning to buy brooms, groundnut and second hand clothing, which she will sell on a retail basis at the market. Her profits will enable her to provide for her children's schooling and also boost her savings in the Banc Villageois.
View original language description ↓
Yacine est née le 04/06/1969, elle est Mariée et mère de 9 enfants dont 6 garçons et 3 filles.elle fait du commerce depuis son entrée dans le banc villageois et elle est très expérimenté dans le domaine de la friperies.Avec son prêt de 115000f elle compte acheter des balais de l'arachide et de la friperie qu'elle va revendre en détail au marché . Ses bénéfices lui permettent de prendre en charge la scolarité de ses enfants et renforce aussi ses épargnes dans le Banc villageois.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,521,325
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Cyte Lamy Group's $2,950 loan helped a member to buy brooms, groundnut and bales of second-hand clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 10, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013