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Fatoumata's Group
In this Group: Fatoumata, Binta, Kinda, Coumba Diouma, Binta, Maimouna, Dioty, Daba, Dieynaba, Ramatoulaye, Khady, Diallo, Hapsatou, Diena, Mariama, Simity, Aissatou, Layla, Yoma, Coumba , Dieynaba
This group was created in May 2011. It is composed of members from the same town. Their work involves small-scale commerce.

In the photo, the one at the far right with her arm raised is the group's official. She is married and 46 years old.

Her business involves purchasing merchandise, such as clothing and shoes. Her goal is to increase her savings and help cover family expenses by cover her children's schooling costs.
View original language description ↓
Ce groupe a été créé en mai 2011.IL est composé de membres qui sont issus de la même localité.Elles ont comme activité le petit commerce.

Celle qui se trouve à l'extrême droite sur la photo et levant le bras est la responsable du groupe,elle est mariée et âgée de 46ans.

Son activité consiste à acheter de la marchandise telle que des vêtements,des chaussures.

Son objectif est d'augmenter son épargne et contribuer dans la prise en charge des frais de sa famille en assurant les dépenses de 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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 501.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatoumata's Group's $5,275 loan helped a member to purchase merchandise to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 4, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014