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Codou's Group
In this Group: Codou, Isseu, Saye, Thiena, Oumy, Mbene, Ndeye Ngone, Ndeye, Khady, Awa, Maguette, Gagnsiri, Isseu, Mame Diarra, Fama, Fatou
This group of 16 women is part of the "banc villageois" which was created on the 6th of July, 2006. The group is made up of women who live in the same village and neighbouring villages. Most of them are traders.

Isseu is standing on the right of the picture and raising her hand. She is 32 years old, married and the mother of 6 children, one of whom is a girl. She is a merchant and sells vegetables and fresh fish. She goes to town each days to get her supplies and resells them in her village. She will buy half a box of fish and 10 kilos of each type of vegetable with the loan she receives. The profits enable her to buy more food for her family each time they run out. She also uses the profits to take care of her children's needs and also saves some money.
Ce groupe de 16 femmes fait parti du Banc Villageois qui a été crée le 06/07/2006. Ce dernier est composé par des femmes qui habitent le même village et des villages environnants. Elles pratiquent pour la plupart comme activité le commerce.
Debout à droite et levant la main, Isseu est âgée de 32 ans. Elle est mariée et mère de 6 enfants dont une fille. Elle fait comme activité le commerce, elle vend des légumes et du poisson frais. Elle se rend chaque jour dans la ville pour s'approvisionner en produits et l'écoulement se fait au niveau son village.
Avec le prêt reçu elle va acheter 1/2 caisse de poisson et pour chaque variétés de légumes elle achète 10kg.
Les bénéfices lui permettent à chaque fois que la nourriture de la famille manque de la renforcer.Avec les bénéfices elle prend aussi en charge les besoins de ses enfants, elle épargne aussi.

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
  • 47
    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 Codou's Group's $2,600 loan helped a member to buy fish and vegetables.
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