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Khady's Group
In this Group: Khady, Dagga, Ngone, Amy Zale, Sanou, Fatou
This group of 6 women is part of the "banc villageois" which was formed on the 7th of February, 2001. It is made up of women who live in the same village and neighbouring villages. Their main business activities are trade and livestock fattening. The women stand in solidarity and have good relationships with each other.

Khady, sitting on the right of the picture and raising her hand, is 55 years old. She is married and the mother of 8 children, 3 of whom are boys. She is a merchant. She owns a stall on which she sells basic supplies. She plans to use this loan to strengthen her business by increasing her stock of food products. She will buy 2 bags of rice, 2 20-litre cans of oil, one bag of sugar, 2 boxes of tomatoes, one carton of milk and various other products. She will use the profits to repay her loans and will use the rest of it to help her husband with the household expenses; healthcare, food and clothing.
Ce groupe de 6 femmes fait parti du banc villageois qui a été crée le 07/02/2001. Il est composé par des femmes qui habitent le même village et les village environnants. Leurs principales activités restent le commerce et l'embouche. Les femmes sont solidaires et vivent dans une bonne entente.
Khady, assise à droite de la photo et levant la main, est âgée de 55 ans. Elle est mariée et mère de 8 enfants dont 3 garçons.Elle fait du commerce. Elle a une échoppe où elle vend des produits de premières nécessités.
Avec le prêt, elle compte renforcer son activités en augmentant ses denrées. Elle va acheter 2 sacs de riz, 2 bidons d'huile de 20l, 1 sac de sucre, 2 cartons de tomate, 1 carton de lait(petit sachet), autres produits divers.
Avec les bénéfices elle rembourse son prêt et avec le reste elle aide son mari dans la tenue du ménage: soin médicaux, nourriture et habillement.

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

  • $1,759
    Average annual income
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Khady's Group's $4,050 loan helped a member to buy rice, oil, sugar, tomatoes and other food products.
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