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Siga's Group
In this Group: Siga, Sokhna, Bousso, Aminata, Coumba, Saye, Sokhna, Ndeye, Ndiagne, Fatou Kine, Bintou, Awa, Faty Mor, Mame Bousso, Sokhna, Fatou, Ndeye Astou, Ndeye, Binetou, Mbene, Lota, Ndioba, Lota*, Bineta*, Ndeye, Astou, Anta, Mbene, Maty
* not pictured
This group of 29 women is part of the "Banc Villageois" loan association that was created December 22, 2012. It consists of women from the same village. Their business activity is retail commerce. They have good relations within the "Banc Villageois".

Ndéye is 24 years old. She is married and has two children, a boy and a girl. In the photo, she is standing and raising her hand to indicate that she is the featured member of this group.

Her business is trading fabric. Receiving the loan will enable her to sustain her commercial activity. She will buy twelve 12-yard rolls of fabric at 5,500 francs each. She will sell them retail at 3,000 francs for 6 yards.

She will reinvest the profits in her business and also support her family
View original language description ↓
Ce groupe de 29 femmes fait parti du banc villageois qui a été crée le 22 décembre 2012. Il est constitué par des femmes venant du même village. Elles font comme activité du commerce. Elles entretiennent de bonnes relations au sein du banc villageois.
Ndéye âgée de 24 ans est mariée et mère de 2 enfants, un garçon et une fille. Sur la photo, elle est en position debout et a levé la main pour montrer que c'est elle la vedette dans ce groupe. Elle fait comme activité le commerce de tissus. le prêt reçu va lui permettre de poursuivre son activité commerciale. Elle acheter 12 paquets de tissus de 12 yard à 5500f l'un. elle va revendre en détail et les 6 yard lui revend à 3500f.
Avec les bénéfices, elle va réinvestir dans son commerce et entretenir aussi sa famille

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
  • 17
    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 Siga's Group's $3,000 loan helped a member buy 12 rolls of fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 17, 2013
Listed
May 25, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013