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Anna's Group
In this Group: Anna , Ndeye , Aminata , Amy Kane, Rokhaya, Ndeye, Rokhaya
This group is composed of seven women, united by good social and economic relationships. Anna is the group representative; she is 44, married, and the mother of four children, two sons and two daughters, aged 22, 19, 17, and 11. She sells shoes, boubous (wide African robes) and perfume. She goes to a neighboring country to buy her merchandise and after going through customs, comes home to sell her goods.

She does very well at this and her strong point is the fact that she knows a lot of people and knows how to negotiate to recoup her money. With her loan she intends to buy 50 pairs of shoes for boys for 175,000 f; 50 pairs of shoes for girls for 100,000 f, and 20 boubous made of dyed damask for 250,000 f. With her profit she pays her children's school fees and helps her husband with family expenses.
View original language description ↓
Ce groupe est composé de 7 femmes unies par de bonnes relations sociales et économiques. Anna est la représentante du groupe, elle est âgé de 44 ans ,marié et mère de 4 enfants dont 2 garçons et 2 filles.ils ont 22,19,17,et 11 ans. Elle fait du commerce de chaussures de boubous et de parfum.Elle part dans un pays frontalier pour acheter sa marchandise ,puis elle dédouane et vient chez elle pour vendre.Elle s'en sorte très bien et son point fort s'est le faite qu'elle a beaucoup de connaissance et sait comment négocier pour recouvrer son argent.Avec son prêt elle compte acheter 50 paires de chaussures garçons à 175000f; 50 paires filles à 100000f, 20 boubous de bazin teint à 250000f. Avec ses bénéfices elle paie le scolarité de ses enfants et aide son marie dans les dépenses familiales .

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Anna's Group's $5,025 loan helped a member to buy 50 pairs of shoes for boys for 175,000 f; 50 pairs of shoes for girls for 100,000 f, and 20 boubous made of dyed damask for 250,000 f.
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