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Awa's Group
In this Group: Awa, Daba, Seynabou, Yama, Fatou Ousseynou, Mareme
This group of five women is part of a banc villageois that was established on June 25, 2002. The group includes women who live in the same village and the surrounding area. They maintain good relationships and conduct business in trade and the fattening of cattle.

Fatou, standing at right in the photo with her hand raised, is 41 years old. She is married and the mother of 10 children, three of them boys. The loan received will allow her to fatten cattle. Fatou will purchase two steers for 150,000 CFA francs each, to be resold for 300,000 CFA francs. She will take advantage of the rainy season to fatten the steers.

With the profits, Fatou plans to assist with the family expenses and to take care of the school fees for her children who attend school.
View original language description ↓
Ce groupe de 5 femmes fait parti du banc villageois qui a été créé le 25 juin 2002. Il regroupe des femmes qui habitent dans le même village et ceux des environs. Elles entretiennent de bonnes relations et font comme activité le commerce et l'embouche. Fatou, debout à droite de la photo et levant la main, est âgée de 41 ans. Elle est mariée et mère de 10 enfants dont 3 garçons.
Le prêt reçu va lui permettre de faire de l'embouche. Elle va acheter 2 bœufs à raison de 150 000f l'un pour revendre à 300 000f. Elle va profiter de l'hivernage pour engraisser les sujets.
Avec les bénéfices, elle compte renforcer la dépense de la famille, de prendre en charge les frais de scolarité de ses enfants qui vont à l'école.

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

  • $2,300
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 492.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Awa's Group's $4,900 loan helped a member to purchase two steers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 14, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014