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Arame's Group
In this Group: Arame, Soda, Nogaye, Binta*, Diakhate*, Awa, Bintou, Sokhna, Khady, Ndeye Mariame, Mbayta, Faty, Dial, Diayla, Amy, Diaba, Maty, Maï, Faty Matar*, Mame Diarra Bousso, Fatou*, Woury, Awa, Ndack, Awa, Amy, Awa, Khardiata
* not pictured
This group, consisting of 28 women, has been in existence since April 9, 2011 ; its membres live in the same village and work mainly as vendors and animal farmers.

Ndéye Mariame, the group’s representative, is the secretary of the Banc Villageois. She is married and has two daughters. She manages a small shop selling sugar, soap, clothing, shoes etc; she also raises sheep. In the photo, she stands on the right wearing a blue and white checkered outfit and raising her left hand.

With this loan, she plans to invest 30,000 West African francs in miscellaneous merchandise for resale, and 20,000 francs to buy a sheep for fattening and resale. She hopes to earn more revenues in this way. Thanks to this income, she plans to bolster her savings in order to finish the construction of two rooms in her home. She had to withdraw some of her savings for the construction work.
View original language description ↓
Ce groupe constitué de vingt huit femmes existe depuis le 9 avril 2011; les femmes habitent le même village et leurs activités dominantes sont le commerce et l'élevage.

Ndéye Mariame la représentante est la secrétaire du Banc Villageois, elle est mariée mère de deux filles.Elle mène un petit commerce de ( sucre,savon, habits, chaussures....); elle gère une petite boutique, mais également fait de l'embouche ovine.Elle est à droite sur la photo habillée en pagne carrelé bleu blanc et a levé la main gauche.



Avec son prêt elle envisage d'investir 30000 F pour les différents produits qu'elle vend et 20000 F pour l'achat d'un mouton pour l'embouche ovine.Ainsi elle espère se faire plus de revenus.


Avec ses bénéfices, elle compte renforcer son épargne pour finaliser la construction de ses 2 chambres. A noter qu'elle a fait un retrait sur son épargne pour la construction.

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

  • $1,759
    Average annual income
  • 10
    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 Arame's Group's $2,925 loan helped a member to buy miscellaneous merchandise for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 6, 2013
Listed
Jun 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014