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Siring's Group
In this Group: Siring, Fatoumata Gagna, Fatoumata Thierno, Fady, Coumba Souka, Mariama, Dienaba Abass, Kandie, Bintou, Idiatou, Coumba, Hothia, Fatoumata, Dienabou, Gagna, Sadio, Hawa Fanta, Ramatoulaye, Yoba, Tida, Ansata Lombi, Bouya , Kadiatou Sounkarou, Marietou Thierno, Dioulde, Dabel, Ansata Gnima
This group, formed in October 2012, is on its second loan cycle in the program. The women have begun to master the ins and outs of credit and savings. They all live in the same town, and their main activity is running small businesses.

Ms. Siring (sitting all the way on the right, with her hand raised) is the featured borrower of the group. She processes agricultural products, specifically to make peanut paste, which consists of buying peanuts for shelling and then grilling them to grind into paste.

With this loan, she intends to buy three bags of unshelled peanuts to process and sell.

With the profits, she intends to do her share in providing for her family's needs.
Ce groupe créé en octobre 2012, est à son second cycle dans le programme. Les femmes commencent à maîtriser les caractéristiques du crédit et de l’épargne. Elles vivent toutes dans le même village, l’activité principale est le petit commerce.

Madame Siring (assise à l’extrême droite avec une main levée) est l’emprunteuse vedette du groupe. Elle fait de la transformation de produits agricoles plus particulièrement la pâte d’arachide qui consiste à acheter des graines d’arachide à décortiquer puis les griller pour les moudre en pâte.

Avec son crédit, elle prévoit d’acheter trois sacs de graines d’arachide non décortiquées pour la transformation et la vente.

Avec les bénéfices, elle compte apporter sa contribution dans la gestion des besoins 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
  • 34
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 503.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Siring's Group's $2,825 loan helped a member to buy three bags of unshelled peanuts for processing and selling.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 3, 2013
Listed
May 10, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013