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Fatoumata's Group
In this Group: Fatoumata, Fatoumata, Maimouna, Fatoumata, Diénaba, Bintou, Mariama, Tacko, Sané, Fatou, Maimouna, Boyé, Maimouna, Ndéye, Madioula, Niakhalin, Sitan, Penda, Coumba, Diabou, Dioukou, Saneba, Finda, Fatou, Assata, Fatou, Mariama, Kadiatou
This group of 28 women has been created in May 2007. Its members live in the same residential zone. Their main business activity is retail. The woman on the far right in the photo is the group’s representative. She is 49 years old, married and the mother of 10.

Her business entails buying fabric and sewing outfits for sale. Her customers come from the same village and some from the [nearby] town. With this financing, she will buy fabrics and sewing supplies in order to increase her production. Her goal is to provide for herself and her family, covering needs such as food, healthcare and schooling of her children.
View original language description ↓
Ce groupe de 28 femmes a été créé depuis mai 2007.Il est composé de membres qui sont issus de la même zone.Elles ont pour activité principale le commerce.

Celle qui se trouve à l'extrémité droite sur la photo est la représentante,elle est âgée de 49 ans,elle est mariée et mére de 10 enfants.

Son activité consiste à acheter des tissus et les confectionner pour les revendre,elle dispose d'une clientéle qui se trouve même dans le village et certains dans la ville.

Avec ce financement,elle va acheter des tissus et fournitures pour augmenter sa production.

Son objectif est de subvenir à ses besoins et ceux de sa famille telle que la nourriture,la santé et scolarité de ses enfants.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatoumata's Group's $3,250 loan helped a member to buy fabric and sewing supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 17, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013