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Sona's Group
In this Group: Sona, Maimouna, Binta Baidy, Woury, Diabou, Aissatou Billie Boffa, Fatoumata, Fatou, Tida, Mariama, Fatou, Adama, Aissatou, Sadio, Aissatou, Fatoumata, Kady, Khady, Kadidiatou, Maimouna Sirifo, Awa, Oumou, Oumou, Mama, Aissatou Ibrahima, Mariama, Rouguiyatou, Ramatoulaye, Mary, Penda
This new "banc villageois" was formed on September 11, 2013 and is made up of women with a strong desire to follow the "banc villageois" program. They maintain strong relationships among themselves and help each other; they have all lived in the same village for many years. The women's principal business is operating small businesses and seasonal farming in the rainy season.

Sona, 31 years old (pictured seated on the far right with her left hand raised) is the featured borrower of the group. She is married and the mother of three children, two boys and one girl. She is in the business of selling used clothing and dyed cotton cloth. With this new loan, she plans to purchase three lots of used clothing at 7500 francs CFA each and four units of dyed cotton cloth at 6000 francs CFA each. The profits will allow her to increase her savings and allow her to qualify for larger loans in future loan cycles.
View original language description ↓
Le banc villageois nouvellement inauguré ce 11 septembre 2013 est composé de femmes ayant un vœu ardent d’intégrer le programme de bancs villageois. Elles entretiennent des relations de solidarité et d’entre aide mutuel et vivent toutes dans le même village depuis plusieurs années. Elles ont comme activité principale le petit commerce et la culture saisonnière sous pluie.

Madame SONA, âgée de 31 ans (assise à l’extrême droite avec la main gauche levée), est l’emprunteuse vedette du groupe. Elle est mariée et mère de trois enfants dont deux garçons et une fille. Elle s’active dans la vente de friperie et des thioub.
Avec ce nouveau prêt, elle compte acheter trois lot de friperie à 7500f l’unité et quatre thioub à 6000f l’unité.
Les bénéfices me permettent de renforcer son épargner pour obtenir durant les prochains cycles de prêts plus importants.

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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 485.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sona's Group's $3,025 loan helped a member to purchase three lots of used clothing at 7500 francs CFA each and four units of dyed cotton cloth at 6000 francs CFA each.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 11, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014