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Therese  B.'s Group
In this Group: Therese B., Rosalie, Awa, Marie Therese, Sokhna, Agnes, Suzanne
This group exists since the creation of the "banc villageois" on the 23rd of March, 1995. It is made up of members who are very close because of family relationships. The featured member, Suzanne, is standing on the far right of the picture and raising her hand. She is 53 years old, widowed and the mother of 7 children, 3 of whom are boys. With the loan she receives, she will buy 200 000 francs worth of fabric, a ton of rice for 250 000 francs and a sheep for 50 000 francs, so that she can resell the fabric for for 225 000 francs, the rice for 257 500 francs and the sheep for 75 000 francs, after raising it for 6 months. The profits generated by her business will enable her to build her savings and take care of her family's healthcare and food needs.

Le groupe existe depuis la création du bv le 23 Mars 1995. Les membres qui le composent sont très proches car le lien de parenté existant.

Debout à droite de la photo et levant la main, la vedette Suzanne est de 53 ans. Elle est veuve et mère de 07 enfants dont 03 garçons.

Avec le prêt reçu, elle va acheter du tissu pour une valeur de 200 000 frs, une tonne de riz à 250 000 frs et un mouton à 50 000 frs pour revendre à 225 000 pour le tissu, 257500 frs pour le riz et 75 000 frs le mouton (après 06 mois pour ce dernier).

Les bénéfices générés par l'activité lui permettent de renforcer ses épargnes pour une partie et l'autre assurer les besoins familiaux de sa famille en santé et nourriture.

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.

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About Senegal

  • $1,759
    Average annual income
  • 46
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 491.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Therese B.'s Group's $5,925 loan helped a member to buy fabric, a sheep and rice for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014