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Fatou's Group
In this Group: Fatou , Siny, Khady, Bineta , Alassane, Ndeye Fatou , Tania
This banc villageois was created 24 July 2006. It is made up of seven women who all live in the same area and who all share good social relations.

Fatou is the representative of the group and has her hand raised in the photo. She is married and a mother of four children, two of whom are girls. Her oldest child is 21 years old and her youngest is 11 years old.

Fatou sells fabrics and crockery. With this loan, she plans on buying 25 lengths of Wax fabric, 15 lengths of khartoum fabric, 5 lengths of damask fabric, and 4 boxes of dishes.

She displays her merchandise in a stall at a market and has been doing this for almost ten years.

With the earnings, she will ensure her children's school-related needs and take care of some of the household expenses.
View original language description ↓
Ce banc villageois abritant le groupe a été créé le 24/07/2006.Il est composé de 7 femmes qui habitent la même localité et ont de bonnes relations sociales; Fatou est la représentante du groupe et a tendu sa main sur la photo; elle est marié et mère de 4 enfants dont 2 filles ,son ainé a 21 ans et son cadet 11 ans.Elle fait du commerce de tissu et de vaisselle.Avec son prêt elle compte acheter 25 pièces de tissu wax,15 pièces de tissu khartoum,5 pièces de tissu bazin tient, et 4 carton de vaisselles.Elle expose sa marchandise dans sa boutique au marché et a une bonne expérience pour l'avoir fait depuis bientôt 10 ans.
Avec ses bénéfices elle prend en charge les besoins de scolarisation de ses enfants et certaines dépenses de la maison.

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
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,515,625
    Funds lent in using Kiva
  • 507.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatou's Group's $5,725 loan helped a member to buy fabrics and crockery.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 15, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013