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Marame's Group
In this Group: Marame, Dieneba, Fatou, Aminata, Alimatou
Created on July 12, 2008, this group within the 'banc villageois' of Dabo comprises five women who, by their work and determination, have attained the second product the program offers. The women have the advantage of more than three [loan] cycles and are mainly active in small-scale commerce.

Ms. Marame (standing at the far left in the photo) is the featured borrower of the group. She is the 53 years old, married, and the mother of five children, including two boys and three girls, from 2 to 15 years old. Marame sells dyed cloth commonly called 'thioub' which she purchases in a sub-region to sell in other regions, particularly in the capital. She also has a secondary business selling incense.

With her new loan, she intends to finance her next trip with the aim of better supplying herself with 'thioub' and various other products appreciated by her customers.

The profit from this business will enable her not only to help support her household but also to help with her children's schooling more.
View original language description ↓
Créer le 12 Juillet 2008 le groupe au sein du banc villageois de Dabo compte 05 femmes qui de par leur travail et sérieux ont atteint le second produit qu’offre le programme. Elles ont à leur actif plus de 3 cycles et s’activent principalement dans le petit commerce.

Madame Marame (debout à l’extrême gauche) est l’emprunteuse vedette du groupe. Elle est âgée de 53 ans, mariée et mère de cinq enfants dont 02 garçons et trois filles âgés de 02 à 15 ans. Elle est vendeuse de tissus teintés appelé communément « thioub » qu’elle achète dans la sous région pour la vente a dans les autres régions plus particulièrement dans la capitale. Elle a aussi comme activité secondaire la vente d’encens.

Avec son nouveau prêt elle compte financer son prochain voyage en vu de mieux s’approvisionner en « thioub » et autres divers produits appréciés par ses clients.

Les bénéfices de cette activité lui permettront en plus d’apporter son soutien dans le foyer, mieux assister ses enfants dans leur scolarité.

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
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Marame's Group's $3,700 loan helped a member to finance her next trip to stock up on 'thioub' and various other products her customers appreciate.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013