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Mbery's Group
In this Group: Mbery, Fatim, Fatou Yakh, Rokhaya , Dieynaba, Saye
This group brings together six women from the same village, who are united by good social ties. Ms. Mbéry, the representative of the group, is a 46-year-old married woman and the mother of six children, three of whom are boys that Mbéry has gotten started in bovine fattening. With this loan, she is going to buy ten sheep to raise them and resell them later. The profits from her business will allow her to take care of the dietary and scholastic needs of her children.
View original language description ↓
ce groupe réuni six des femmes d'un même village unies par de bons liens sociaux.
Madame Mbéry, la représentante du groupe est une femme mariée âgée de 46 ans et mère de six enfants dont 3 garçons. Mbéry s'active dans l'embauche bovine . Avec son crédit elle va acheter 10 moutons pour les élever et revendre plus tard.
Les bénéfices de son activité lui permettent de prendre en charge les besoins alimentaires et scolaires de ses enfants.

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
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,116,775
    Funds lent in using Kiva
  • 492.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbery's Group's $5,700 loan helped a member to buy some sheep to run a fattening business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014