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Mama's Group
In this Group: Mama, Mame Lissa*, Dienaba, Kady, Kossa, Kouta, Gnamo, Sona, Dienaba, Awa, Tida, Saneba, Juliette, Awa, Fatou, Wa Fatou, Dianke
* not pictured
Created on November 28, 2003, the 'banc villageois' is composed of very dedicated women developing revenue-generating businesses. The women all live in the same village and maintain values of solidarity, which they found out how to strengthen while developing their businesses. Their main work is in small-scale commerce along with rainy season farming.

Ms. Mama (sitting at the right with her hand raised) is the featured borrower in this group. She is 48 years old, married, and the mother of six children (three boys and three girls). She is 42 years old and sells seasonal fruits (mangoes, water lemons, 'madd', oranges, etc.). And she is a retailer of raw materials, such as iron and other metals, which she collects from villagers to sell to exporters.

With her new loan, she intends to purchase more sacks of 'madd' and to collect a stock of raw materials to sell.

In addition to bolstering her savings to obtain a bigger loan, she plans on supporting her children in their education.
View original language description ↓
Créer le 28 novembre 2003, le banc villageois est composé de femmes très engagées dans le développement d’activités génératrices revenus. Elles vivent toutes dans le même village et entretiennent des valeurs de solidarité qu’elles sont sues renforcer au fur et à mesure qu’elles développent leurs activités. Elles ont comme activité principale le petit commerce accompagné de la culture saisonnière sous pluie.

Madame Mama (assise à droite avec la main levée) est l’emprunteuse vedette du groupe. Elle est mariée, mère six enfants dont trois garçons et trois filles, elle est âgée de 42 ans. Elle est vendeuse de fruits de saison (mangue, liane de pomme « madd », orange, etc.) de plus elle est revendeuse de matière première fer et autres métaux qu’elle collecte auprès des villageois pour la revente aux exportateurs.

Avec son nouveau prêt, elle compte acheter en plus des sacs de « madd », collecter un stock de matière pour la revente.

En plus de renforcer son épargne pour bénéficier de prêt plus important, elle compte soutenir ses enfants dans leur scolarité.

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
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 491.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mama's Group's $3,425 loan helped a member to purchase seasonal fruit, such as 'madd', and to collect raw material to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 3, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014