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Saye's Group
In this Group: Saye, Fatou, Mbene, Diouma, Fatou, Anna
This group of six persons is part of the 'banc villageois' created on February 20, 2000. It is composed of women who live in and around the same village. They live in perfect harmony.

Fatou, who is standing at the right in the photo with her hand raised, is the group's representative. She is 47 years old, married, and the mother of seven children, including three girls. She also has two other children to support. Her work is in retail commerce.

With this loan, Fatou intends to purchase smoked fish and dried fish to resell. She is also going to purchase 50 kg of peanuts to process into oil. The profits will go to fattening sheep, to providing for their children, and also to bolstering her savings.
View original language description ↓
Ce groupe de 6 personnes fait parti du banc villageois qui a été créé le 20 février 2000.Il est composé par de femmes qui habitent le même village et les environs. Elles vivent une parfaite harmonie.
Fatou, debout à droite de la photo et levant la main, est la représentante du groupe. Elle est âgée de 47 ans. Elle est mariée et mère de 7 enfants dont 4 filles, elle a aussi en charge 2 autres enfants. Elle fait comme activité le commerce de détail.
Avec le prêt elle compte acheter du poisson fumé et séché pour revendre. Elle va aussi acheter 50 kg d'arachide pour la transformer en huile.
Les bénéfices lui servent à faire de l'embouche ovine et aussi de soutenir ses enfants dans leurs besoins, de renforcer ses épargnes.

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.

Tags

About Senegal

  • $2,300
    Average annual income
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 494.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Saye's Group's $4,425 loan helped a member to purchase peanuts, smoked fish, and dried fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014