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Maty's Group
In this Group: Maty , Salimata, Rokhaya, Fatou, Fanta, Salla
This group was created on the same date as that of the 'banc villageois'. It is composed of women from the dame district united by good social and professional ties. Ms. Maty is the group's official. She is 53 years old and the mother of four boys, 30, 27, 20, and 18 years old and a girl, 23 years old. Ms. Maty is active in commerce selling shoes, beads, and incense.

With her new loan of 450,000 francs, she is going to purchase some shoes valued at 100,000 francs, some 'pagnes' (the colorful cloth of western Africa) at 200,000 francs, and 100,000 francs of incense, [thus leaving 50,000 francs] in working capital. She has good experience in this domain. The profits earned enable her to meet the food needs of her children.
View original language description ↓
Ce groupe a été crée à la même date de création du Banc Villageois et regroupe des femmes du même quartier unies par de bonnes relations sociales et professionnelles.
Madame Maty est la responsable ,elle est âgée de 53 ans veuve et mère de de 4 garçons de 30 27 ans et 20 ans et 18 ans et une fille de 23 ans.
Elle s'active dans le commerce par la vente de chaussures de perles et de l’encens.
Avec son nouveau crédit de 450000 elle va acheter des chaussures d'une valeur de 100000 des pagnes à 200000 et 100000 d’encens et 500000 francs pour fonds de roulement.
Elle dispose d'une bonne expérience dans ce domaine .
Les bénéfices réalisés lui permettent de prendre en charge les besoins en nourriture de ses enfants .

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

  • $1,759
    Average annual income
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,925
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD