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Thioumadé 1 Group
In this Group: Sokhna, Khary, Penda, Yacine, Anta, Alima, Lala, Ndiasse, Fama, Ndeye, Assy, Mareme, Fatou, Fatou Mbaye, Faty*, Ndeye*, Astou , Kalla, Dagane, Anta*, Mbayang, Ndiaya, Astou, Aïda, Fama, Fatou, Fama, Sokhna, Astou, Khady
* not pictured
This group consists of 30 women who live in the same village and who happen to be friends, relatives or neighbors. Their main activities are small retail business and animal fattening.

Marème, the featured borrower, is a young married woman with no children. She is a professional hairdresser, but she is also actively involved in the sale of bed sheets. In the photo, she is standing on the right-hand side, wearing an orange wax-print dress and a long black top.

She buys sheets which have been sewn in Touba and resells them in her village.

She plans to use her loan to buy 15 bed sheets for a total price of 112,500 francs (7,500 francs per sheet), and hopes to make a large profit at resale.

Marème uses her profits to strengthen her savings, to help her husband with the family's expenses, and to help her brothers and sisters to buy school supplies and medications, if need be.
View original language description ↓
Ce groupe est composé de trente femmes qui habitent le même village, elles sont amies, parentes et voisines. Leurs activités dominantes sont le petit commerce et l'embouche.

Madame Marème l'emprunteur en vedette est une jeune femme mariée sans enfant, elle est coiffeuse de profession mais s'active dans le petit commerce de draps de lit.Elle est debout vers la droite habillée en wax orange avec une taille basse noire.

Elle achète des draps déjà confectionnés à Touba pour les revendre au niveau de son village.

Avec son prêt elle envisage d'acheter 15 draps de lit à 7500 F l'unité d'où une valeur totale de 112500 F pour espérer se faire beaucoup de revenus à la vente.

Ses bénéfices lui permettent de renforcer son épargne, d'appuyer son mari dans les charges familiales et d'aider ses frères et sœurs en fournitures scolaires et à l'achat de médicaments en cas de 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.

Tags

About Senegal

  • $2,300
    Average annual income
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Thioumadé 1 Group's $4,400 loan helped a member to buy bed sheets for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 7, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013