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Fatou's Group
In this Group: Fatou, Astou, Safiétou
This group is made up of 3 women who live in the same village and are all retailers. Fatou is the group representative and is standing in the middle of the picture. She is 33 years old, married and the mother of 5 children, one girl and 4 boys. She works with her husband, making bamboo lounge furniture. She uses her loan money to buy the necessary materials (wood, sponge, fabric, etc.) and her husband takes care of the labour. She displays the finished product at the side of the main road. Her business is going well as she has no competition in the area. She uses her profits to take care of the household expenses with her husband, and she also takes care of her children.
le groupe est composé de 3 femmes qui habitent le même village te font toute le commerce.
Fatou est la représentante du groupe,elle se positionne au milieu de le photo. Âgée de 33 ans ,elle est mariée et mère de 5 enfants dont une fille et 4 garçons.
Elle travaille avec son marie dans la confection de salon en bambou. Avec son prêt elle achète tout le matériel (bois, éponge,tissu,pointe) et son marie se charge de la main d’œuvre. Elle expose le produit fini sur la route nationale. son activité marche bien car il n'a pas de concurrente dans la zone.
Avec ses bénéfices elle gère les dépenses de la maison avec son marie,elle prend en charge aussi ses enfants.

Additional Information

More information about this loan

This loan is going to a borrower or borrower group living in a rural area.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatou's Group's $2,050 loan helped a member to buy 175 000 francs' worth of wood, 75 000 francs' worth of fabric, 20 000 francs' worth of sponge and 50 000 francs' worth of other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 24, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013