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Awa's Group
In this Group: Awa, Mbayang, Taski, Mareme, Ndeye, Amy
This group of 6 women is part of the "banc villageois" which was created on the 23rd of May, 2002. Its members have a close-knit unity and help each other. They are retailers and also fatten livestock. Amy, standing on the right of the picture and raising her hand, is 55 years old. She is married and the mother of 6 children, one of whom is a girl. She plans to invest the loan she receives in her retail and livestock-fattening businesses. She will buy 6 sheep at 150 000 francs each and an oxen for 200 000 francs. She will use the rest of the money for her retail business, selling oil, soap, dried fish and other products. She uses her profits to build her savings and reinforce her livestock-fattening business.
Ce groupe de 06 femmes fait parti du banc villageois qui a été crée le 23 mai 2002. Les membres qui le composent vivent une parfaite solidarité et s’entraident. Elles font comme activité le commerce et l'embouche.
Amy, debout à droite de la photo et levant la main, est âgée de 55 ans. Elle est mariée et mère de 6 enfants dont une fille.
Avec le prêt reçu, elle compte faire du commerce et l'embouche. Elle va acheter 6 moutons à 150 000f et un bœuf à 200 000f. Avec le reste de l'argent elle va mener son commerce: vente d'huile, de savon, du poison séché et autres produits.
Les bénéfices lui servent à épargner et renforcer son embouche.

Additional Information

More information about this loan

This loan is going to a borrower or borrower group living in a rural area.

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
  • 51
    View loans »
    Senegal Loans Fundraising
  • $13,033,575
    Funds lent in using Kiva
  • 493.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Awa's Group's $4,575 loan helped a member to buy various food products, 6 sheep and one oxen.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 25, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014