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Coumba's Group
In this Group: Coumba, Mame Aita , Khaliss, Ngoné, Sokhna , Coumba
This group is composed of six women who live in the same district. The group is on its tenth loan. The women all work in commerce. Coumba is the group's representative. She is 48 years old, married, and the mother of eight, including four boys. The oldest is 30 years old, and the youngest is 19.

Coumba does commerce in fish. She lives very close to her mother and has been in this business for over twenty years. With her loan, she intends to purchase a case of fish at 250,000 francs and 20,000 francs of ice. She purchases her fish at the fishing pier and goes to the capital to sell it. She has no problem turning over her merchandise because she has a good reputation for selling quality fish, and she has many customers in other cities.

With her profits, she was successful in purchasing a plot of land. She also supports her husband in covering family expenses (food, schooling costs, etc.) She also supports her children investing in the clothing trade by buying them a sewing machine.
View original language description ↓
Ce groupe est composé de 06 femmes qui habitent le même quartier.il est a son 10 éme prêt ,les femmes font toutes le commerce. Coumba est la représentante du groupe ,elle est âgée de 48 ans, mariée et mère de 8 enfants dont quatre garçons.Son ainé a 30ans et son cadet 19 ans.
Elle fait du commerce de poisson .Elle habite tout prés de la mère et fait cette activité depuis plus de 20 ans.Avec son prêt elle compte acheter une caisse de poisson à 250000f et 20000f de glace.Elle achète le poisson au quai de pèche et part a la capital pour vendre.Elle n'a pas de problème pour écouler ses produits car elle est très réputer dans la vente de qualité de ses poissons et elle a beaucoup de clients dans les autres villes.
Avec ses bénéfices elle a réussit à acheter un terrain,elle soutient aussi son marie dans la prise en charge de la famille(nourriture,scolarité, ect...)Elle soutient aussi ses enfants qui s’investit dans la couture en leur achetant des machine a coudre.

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.

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About Senegal

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 494.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Coumba's Group's $4,950 loan helped a member to purchase fish and ice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 18, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014