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Maimouna's Group
In this Group: Maimouna , Mbathio , Bigué , Atta , Fatim
This group is composed of five women from the same village. It is on its 24th loan cycle. The women have good social cohesion, and they all work in commerce. Maimouna is the group's representative, the one in the photo with her hand raised. She is a married mother of six boys and one girl. The oldest is 35 years old, and the youngest is 12.

Maimouna does commerce in fruit & vegetables. With her loan, she intends to purchase carrots at 30,000 francs, papayas at 30,000 francs, mangoes at 300,000 francs, and beans at 100,00 francs. She purchases her merchandise in her village and then resells them in the capital. She has been in this business for 36 years.

With her profits, she covers her children's schooling costs. She also helps out her husband in covering household expenses and the children's healthcare.
View original language description ↓
le groupe est composé de 5 femmes qui habitent le même village;il est a son 24eme cycle de prêt.les femmes ont une bonne cohésion sociale et font toutes le commerce .
Maimouna est la représentante du groupe; elle a tendu la main sur la photo .Elle est marié et mère de 6 garçons et une fille .son ainé a 35 ans et son cadet a 12 ans.Elle fait du commerce de fruits et légumes.Avec son prêt elle compte acheter des carottes a 30000f des papayes à 30000f des mangues à 300000f et des haricots à 100000f. Elle achète la marchandise dans son village pour aller revendre à la capitale.Elle fait cette activité depuis 36 ans.
Avec ses bénéfices elle prend en charge la scolarité de ses enfants,elle aide aussi son marie dans les dépenses de la maison et la santé de ses enfants.

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.

Tags

About Senegal

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 504.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Maimouna's Group's $4,175 loan helped a member to purchase carrots, beans, papaya, and a field of mangoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 15, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013