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Aissatou's Group
In this Group: Aissatou , Kady, Gnima, Fansene, Bintou*, Fatoumata, Gnima, Sira, Tida, Mai , Tening, Boumbaye, Fatoumata, Yaye Fatou, Mama, Khady, Sona, Fanta, Mariama, Ndeye, Fatoumata, Sophie, Mariama Seydi, Saly, Rocky, Banna, Mouskeba
* not pictured
This group is made up of very committed women who have been working together since the creation of the banc villageois on 6 June 2002. In addition to the income generating activities which center around small-scale commerce, the group has also developed strong bonds of solidarity and mutual aid.

Aissatou (seated on the right with her hand raised) is the featured borrower of this group. She is married and a mother of five children, four girls and one boy, who age from nine to 17 years old.

Aissatou works selling fabric and ready-to-wear children's clothing. She procures her goods from merchants at the markets in the capital and resells them at either the "louma" weekly markets or for credit to customers in her village, who can pay in two installments.

With this new loan, she plans to buy ready-to-wear children's clothing in preparation for the start of school and the Tabaski festival.

With the earnings, she plans to help her husband with the family's household expenses.
View original language description ↓
Ce groupement est composé de femmes très engagées qui ont su développer depuis la création du banc villageois le 06 Juin 2002 en plus des activités génératrices de revenues essentiellement tournées vers le petit commerce, des liens forts de solidarité et d’entre aide.

Madame Aïssatou (assise à droite avec une main levée), est l’emprunteuse vedette de ce groupe. Elle est mariée, mère de 05 enfants dont 04 filles et un garçon qui sont âgés de 09 à 17 ans. Elle évolue dans le commerce de tissus et de prêt à porter pour enfant. Elle s’approvisionne au près de commerçants dans les marchés de la capitale. Pour la revente soit au compte lors de « loumas » marchés hebdomadaires et à crédit par deux échéances aux clients de son village.

Avec son nouveau prêt, en préparatif des ouvertures de classe et fête de Tabaski, elle compte achète des prêts à porter pour enfant.

Avec les bénéfices, elle compte de venir en aide à son mari dans la gestion quotidienne des charges de la famille.

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.

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About Senegal

  • $1,759
    Average annual income
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 491.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Aissatou's Group's $5,775 loan helped a member to buy ready-to-wear children's clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 3, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014