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Mareme's Group
In this Group: Mareme , Coumba , Oumy , Arame, Sylvie
This group comprises five women who live in the same neighborhood. They are all involved in retail and are united by strong social ties.

Mareme is the group's representative. She is married and the mother of an 8-year-old son and a 10-year-old daughter.

Mareme sells fabrics. She plans to use her loan to buy three pieces of damask fabric for a total of 270,000 francs, as well as some silk for 205,000 francs. She has been involved in this activity for five years and has a good experience in her field. She is doing quite well and is well-known as a fabric seller.

She uses her profits to take care of her own needs and to constantly increase her stock of merchandise. Her husband is the one managing all the household's expenses.
View original language description ↓
Ce groupe est composé de 5 femmes qui habitent le même quartier, elles font toutes du commerce et ont une bonne cohésion sociale. Mareme est la représentante du groupe elle est mariée et mère d'un garçon de 8 ans et d'une fille de 10 ans. elle fait du commerce de tissu. Avec son prêt elle compte acheter 3 pièces de tissu en bazin 270000f,et 205000f de tissu en soie. Elle est très expérimentée dans ce domaine pour avoir fait cet activité depuis 5 ans. Elle s'en sort bien car est très célèbre dans la vente de tissu. Avec ses bénéfices elle gère ses besoins personnelles et augmente son stock de marchandise de plus en plus et pour ce qui est du reste son marie gère toute 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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 19
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 493.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mareme's Group's $3,525 loan helped a member to buy three pieces of damask fabric and some silk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014