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Awa's Group
In this Group: Awa, Fatou, Nogoye, Fatou, Mareme
This group is composed of five women who are all friends and live in the same area. Standing on the right in the photo with her hand raised is Awa, the representative [of the group].

Awa is 43 years old, married, and a mother of a girl who lives with her.

With this loan, she is going to buy 500,000 francs worth of rice, oil, vegetables, meat, fish, and coffee.

The earnings [from her business] will allow her to increase her savings and to help her husband with the family expenses, such as food and her daughter's school supplies.
View original language description ↓

Ce groupe composé de 5 femmes ont une bonne cohésion sociale. Elles habitent la même localité

Debout à droite de la photo et levant la main, la représentante Awa est âgée de 43 ans. Elle est mariée et mère d'une fille vivant avec elle.

Avec le prêt reçu, elle va acheter du riz, de l'huile, des légumes, de la viande, du poisson et du café pour une valeur de 500 000 frs.

Les bénéfices générés lui permettent de renforcer ses épargnes et d'appuyer son mari dans les charges familiales comme le ravitaillement et les fournitures scolaires de sa fille qui en formation.

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
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,521,325
    Funds lent in using Kiva
  • 505.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Awa's Group's $3,575 loan helped a member prepare food to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 29, 2013
Listed
May 14, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013