Check out some available loans that are similar to this one!
Dior's Group
In this Group: Dior , Fatou, Mousouba
This group is part of the Banc Villageois that was created on 02/09/2008. It is made up of three women who are all merchants. They are on their tenth loan cycle.

Dior is the representative of the group. She is 45, married, and the mother of six children, two boys aged 27 and 24 years, and four girls aged 30, 23, 20, and 17 years. She is a merchant of cosmetics and general food supplies. With this loan she plans to buy 200,000 Francs worth of cosmetics and crockery, ten 20 kg buckets of peanuts at 220,000 Francs, and ten 20-liter bottles of oil at 100,000 Francs. She buys her merchandise at wholesale and supplies the merchants at the village market.

With the income she earns, Dior will pay for her daughter's school fees. She also plans to increase her savings in the Banc Villageois and help her husband with the rent payments for their marital home.
View original language description ↓
Ce groupe fait partie du banc villageois qui a été créé le 02/09/2008. Il est composé de 3 femmes qui font toutes du commerce.Il est à son 10éme prêt. Dior est la représentante du groupe ,elle est âgée de 45, marié et mère de 6 enfants dont 2 garçons de 27 et 24 ans et 4 filles de 30,23,20,17 ans. Elle fait du commerce de cosmétique et d'alimentation générale. Avec son prêt elle compte acheter 200000f de produit de beauté et de vaisselle ,10 seaux de 20kg de patte d'arachide à 220000f ;10 bouteilles de 20 litres d'huile à 100000f .Elle achète en gros et approvisionne les petits commerçants du marché. Avec ses bénéfices elle paie la scolarité de sa fille,elle renforce aussi ses épargnes dans le banc villageois et aide aussi son marie dans le payement du loyer de leur maison conjugale.

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

  • $1,759
    Average annual income
  • 44
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 494.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dior's Group's $2,650 loan helped a member to buy 200,000 Francs worth of cosmetics and crockery, ten 20-kg buckets of peanuts at 220,000 Francs, and ten 20-liter bottles of oil at 100,000 Francs.
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