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Rockhaya's Group
In this Group: Rockhaya, Fatou, Awa, Mbery, Ndiole, Kine, Soukeye, Khady
This group of 8 women is part of the "banc villageois" which was formed on the 6th of July, 2006. It is made up of women who live in the same village and neighbouring villages. They are mostly involved in trade.

Khady is the representative and is standing on the right of the picture, raising her hand. She is 53 years old, married and responsible for 11 people (her children and grandchildren). She produces groundnut oil from groundnuts and also practises sheep fattening. She will use the loan she receives to buy 50 kilos of groundnuts at 550 francs per kilo, so that she can make 22 litres of oil, which sells at 1000 francs per litre. She also plans on buying 2 sheep to raise. The profits will enable her to reinvest in her livestock. She will also help her handicapped husband to take care of the family's needs.
Ce groupe de 8 femmes fait parti du Banc Villageois qui a été crée le 06/07/2006. Il est composé de 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, Khady est la représentante. Elle est âgée de 53 ans. Elle est mariée et a la de charge de 11 personnes (ses enfants et ses petits enfants) Elle fait comme activité la transformation d'arachide en huile et de l'embouche ovine.
Avec le prêt reçu elle va acheter 50kg d'arachide à 550 le kg pour avoir 22 litres d'huile et le litre est vendu à 1000f. Elle compte acheter aussi 2 moutons pour les élever.
Les bénéfices lui permettront de réinvestir sur l’élevage. Elle va aussi aider son mari handicapé à prendre en charge les besoins de la famille.

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.

About Senegal

  • $2,300
    Average annual income
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,515,625
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Rockhaya's Group's $1,850 loan helped a member to buy groundnuts and 2 sheep.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014