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Astou's Group
In this Group: Astou , Sophie, Mboya , Ndeye Yaram , Mame Yacine , Coumba Ngom , Awa
This group consists of seven women who are united by good social relationships and all work in retail.

Astou is the group's representative. She is 61 years old, married, and the mother of five children (two boys and three girls) whose ages range between 30 and 15 years old.

Astou sells seafood. She goes to the nearest coastal town to buy her goods and resells at the market. She has been involved in this activity since she joined the banc villageois five years ago.

She plans to use her loan to buy 200 kilos of smoked fish at a total price of 50,000 francs, 100 kilos of dry fish at 100,000 francs and 80 kilos of cymbium (a type of sea snail) at 104,000 francs.

She uses her profits to help her children cover their household expenses.
View original language description ↓
Ce groupe est composé de 7 femmes qui son unies par de bonnes relations sociales et font toutes le commerce. Astou est la représentante du groupe ,elle est âgée de 61 ans , mariée et mère de 5 enfants dont 2 garçons et 3 filles qui ont entre 30 et 15 ans.Elle fait du commerce de produits halieutiques.Elle part dans la ville côtière la plus proche pour acheter ses produits et vient au marché pour exposé. Elle fait cette activité depuis son adhésion dans le banc villageois( 5 ans). Avec son prêt elle compte acheter 200kg de poisson fumé à 50000f ;100kg de poisson séché à 100000f et 80 k de cymbium a 104000f.Avec ses bénéfices elle aide ses enfants dans les dépenses de la maison .

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
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,116,775
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Astou's Group's $5,950 loan helped a member to buy smoked and dry fish, as well as sea snails (cymbium).
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Expired:
Aug 1, 2013