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Fatoumata Bouko's Group
In this Group: Fatoumata Bouko , Madjigue, Fatou Badou*, Seynabou, Kéne, Coumba
* not pictured
This group of six women is part of a 'banc villageois' created on July 21, 2006. These women, who are from the same village, work primarily in commerce.

Fatou is the group's representative. She is at the right in the photo with her hand raised. She is a married mother of five boys, from 12 to 25 years old, and a girl, 19 years old. Fatou does commerce in grocery items, shoes, and scarves. She leaves for the city to purchase her goods in bulk and then displays them in her shop, which is in her home.

With her loan, she intends to purchase 700 kg of millet at 150,000 francs, 5 dozen scarves at 75,000 francs, and a variety of grocery items (sugar, caramel cookies, milk, tea,…) at 75,000 francs.

With the profits, she helps her husband in covering household expenses and supporting the children. She also saves money at the 'banc villageois', and she helps out her sisters when they need it.
View original language description ↓
Ce groupe de 6 femmes fait parti d'un Banc Villageois a été créé le 21/07/2006. Ces femmes qui sont du même village et ont comme activité principale le commerce.
Fatou est la représentante du groupe, elle est placée a la droite de la photo avec la main levé.
Elle est mariée et mère de 5 garçons entre 12 et 25 ans et d'une fille de 19 ans.
Elle fait du commerce d'alimentation général, de chaussures et d’écharpes.
Elle part en ville pour acheter en gros sa marchandise et expose dans sa boutique qui est chez elle.
Avec son prêt elle compte acheter 700 kg de mil à 150000f, 5 douzaine d’écharpe a 75000f et divers aliments ( sucre, biscuit caramel,lait, thé...)a 75000f

Avec ses bénéfices elle aide son marie dans les dépenses de la maison et pour ses enfants.
Elle épargne aussi dans le banc Villageois et vient en aide à ses soeurs quand elles en ont besoin.

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
  • 34
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 507.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatoumata Bouko's Group's $4,575 loan helped a member to purchase grocery items and some scarves to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 3, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013