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Fatou's Group
In this Group: Fatou, Ndeye Arame, Awa, Boly, Yande, Fatoumata, Aida, Sirali Makhan, Djenaba
This group was created in May 2007. It is composed of members from the same district. Their main work involves commerce.

The one in the photo at the far right with her arm raised is the group's official. She is 39 years old, married, and the mother of a 12-year-old daughter.

Her main work involves commerce in traditional damask cloth. She has good experience in this kind of business for having worked at it for several years.

With her loan, she intend to purchase 30 meters of cloth valued at 300,000 francs.

Her goal is to increase her savings, ensure her daughter's schooling fees, and help cover family expenses.
View original language description ↓
Ce groupe a été créé en mai 2007.IL est composé de membres qui sont issus du même quartier.Elles ont comme principale activité le commerce.

Celle qui est à l'extrême droite sur la photo et levant le bras,est la responsable du groupe.Elle est âgée de 39 ans,elle est mariée et mére d'une fille de 12 ans.

Sa principale activité est le commerce de tissus traditionnels bazin,elle dispose d'une bonne expérience pour ce type d'activité car l'ayant pratiqué depuis plusieurs années.

Avec son prêt,elle compte acheter 30 métres de tissus pour une valeur de 300000f.

Son objectif est d'augmenter son épargne,assurer la scolarité de sa fille et participer aux charges familliales.

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

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,826,900
    Funds lent in using Kiva
  • 492.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatou's Group's $6,000 loan helped a member to purchase cloth to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 4, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014