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Seynabou's Group
In this Group: Seynabou, Madane, Aissata, Awa, Khady, Ndèye Astou
This group, also created on November 23, 2011, gathers women from the same neighborhood who are united by good social and professional relationships.

The group's representative, Seynabou, is 25 years old. She is divorced and the mother of two children (one boy and one girl) who both attend school.

Seynabou is actively involved in retail: she sells various fabrics, shoes and ready-to-wear clothing. With her new loan of 500,000 CFA francs, she will buy fabrics for 200,000 francs, wigs and hair extensions for 100,000 francs, shoes for 100,000 francs and ready-to-wear clothing for 100,000 francs. She has a good experience in her field.

With her profits, she is able to take care of her parents and to pay her children's school fees.
View original language description ↓

Le groupe a été également crée depuis le 23 Novembre 2011 et regroupe des femmes du même quartier unies par de bonnes relations sociales et professionnelles.

Madame Seynabou est la représentante, elle âgée de 25 ans. Elle est divorcée et mère de deux enfants dont un garçon et une fille tous scolarisés.

Elle s'active dans le commerce de tissus divers chaussures et habits prêt à porter.Avec son nouveau crédit de

500000 francs CFA elle va acheter des tissus à 200000 des perruques et mèches à 100000 ,des chaussures à 100000.

et des habits prêt à porter à 100000 .Elle dispose d'une bonne expérience dans ce domaine .

Les bénéfices réalisés lui permettent de prendre en charge ses parents et de payer les frais scolaires 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.

About Senegal

  • $1,759
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Seynabou's Group's $4,575 loan helped a member to buy fabrics, shoes, wigs, hair extensions and clothes for retail sale.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 22, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Expired:
Aug 1, 2013