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Aramata's Group
In this Group: Aramata , Mathou, Sabine, Gnima, Fatou, Diarietou, Khady*, Sarta, Sirin, Dieynabou, Aminata
* not pictured
The Baribalna group - which means courage - was created during the implementation of the local "banc villageois". Members live in the same neighborhood and have developed a group spirit for several years. Their main activity is to run small businesses.

Mrs. Aramata (standing at the far right) is the featured borrower. She is married and has three children. She buys agricultural products or fresh produce from the weekly markets for resale in her village. She has been conducting this activity for more than seven years.

This new loan will enable her to boost her business by acquiring new stocks of food and agricultural products.

With the profits she intends to contribute significantly to her family's needs.
View original language description ↓
Le groupe baribalna qui signifie courage est créé lors de la mise en place du banc villageois. Les membres vivent dans un même quartier et partagent des liens de solidarité depuis plusieurs années. Elles ont comme activité principale le petit commerce.

Madame Aramata (debout à l’extrême droite) est l’emprunteuse vedette. Elle est mariée et mère de trois enfants. Elle achète des produits tirés de l’agriculture ou du maraichage dans les marchés hebdomadaires pour la revente dans son village. Cette activité elle l’a pratique depuis plus de sept ans.

Ce nouveau crédit lui permettra de relancer son activité par l’acquisition de nouveaux stocks de produits agricole et alimentaire.

Avec les bénéfices, elle compte contribuer de manière significative à la gestion de la famille.

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
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 502.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Aramata's Group's $1,400 loan helped a member boost her business by acquiring new stocks of food and agricultural products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 18, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013