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Khady's Group
In this Group: Khady, Ndèye Tening, Aida, Aissatou, Boudy, Elisabeth C
The Banc Villageois that hosts this group was formed 02/08/2008. Said group is composed of six women from the same village who are united by good social relations and who are active merchants. The group is on its tenth loan cycle.

Khady is a 45 year old widow and mother of three girls aged 35, 32, and 30, and one boy aged 21 years. She is the representative of the group. Khady is active in the trade of fabrics and art objects. With her new loan of 400,000 XOF, she plans to purchase rolls of fabric, bracelets, tea and sugar that she will retail at her shop on Joal road. Khady benefits from good experience in her field. The income she earns will allow her to pay for the family's daily needs and to increase her savings at the Banc Villageois.
View original language description ↓

Le banc villageois abritant ce groupe a été depuis 02/08/2008. Ledit groupe est composé de six femmes issues du même village unies par de bonnes relations sociales s'activant dans le commerce. Le groupe est à son 10 prêt.
Khady est une femme veuve âgée de 45 ans et mère de 3 filles de 35 ans ,32 , 30 et 1 garçon de 21 ans.
Elle est la représente du groupe.Elle s'active dans le commerce de tissus et objets d'art.
Avec son nouveau crédit 400000 elle va se payer des rouleaux de tissus des bracelets et du thé et du sucre qu'elle va revendre au détail au niveau de sa boutique.
Elle bénéficie d'une bonne expérience dans son domaine .Les bénéfices réalisés lui permettent de prendre en charge les besoins familiales et de renforcer ses épargnes au niveau du banc villageois.

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.

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About Senegal

  • $1,759
    Average annual income
  • 16
    View loans »
    Senegal Loans Fundraising
  • $12,848,050
    Funds lent in using Kiva
  • 494.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD