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Binta's Group
In this Group: Binta, Sadio, Salle, Halimatou, Aissatou, Halimatou, Kadiatou, Kadiatou Diabou, Aissatou, Coumba, Mariama, Tombong, Sounkarou, Dienabou, Nialing, Aissatou, Marie, Tahibou, Coumba, Aissatou, Salimatou, Salimatou, Maimouna, Fatoumata, Fatou Kine, Bambe, Bouya, Lade, Mariama Woury, Adama Diang, Maimouna, Kadiatou, Arabe, Diouma, Hawa, Mariama
This group was created on May 5, 2009 when the 'banc villageois' was inaugurated. It is composed of women who are very dedicated to running their organization. They all live in the same [village] and share a spirit of teamwork and solidarity.

Ms. Binta (seated at the far right with her hand raised) is the featured borrower of the group. Despite her advanced age, she remains a fine example for the group and cares for her family's future. A widow, she supports four daughters and two sons, and she is active in selling a variety of grocery supplies, from peanut butter to condiments, and more.

With her loan, she plans on purchasing packets of bouillon cubes and various other condiments to resell in her village.

With the profits, she plans on ensuring that her children's healthcare and day-to-day expenses are covered.
View original language description ↓
Ce groupe créé le 05 Mai 2009 lors de l’inauguration du banc villageois a su se maintenir malgré des conditions difficiles de marché concernant la vente. Il regroupe en son sein des femmes très engagées dans la gestion de leur organisation. Elles vivent toutes dans le même et partagent un esprit d’équipe et de solidarité. Elles ont comme activité le petit commerce et font la riziculture pendant l’hivernage.

Madame Binta (assise à l’extrême droite avec une main levée) est l’emprunteuse vedette du groupe. Malgré son âge avancé, elle reste une femme exemplaire et soucieuse du devenir de sa famille. Veuve de son état, elle prend en charge 04 de ses filles et 02 garçons et s’active dans la vente de divers produits alimentaires de la patte d’arachide aux condiments et autres bouillons culinaires.

Avec son crédit, elle prévoit d’acheter des paquets de bouillons et divers autres condiments pour la revente au village.

Avec les bénéfices, elle compte assurer la prise en charge sanitaire de ses enfants et la dépense quotidienne.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,521,325
    Funds lent in using Kiva
  • 485.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Binta's Group's $4,600 loan helped a member to purchase packets of bouillon cubes and various other condiments to resell in the village.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 10, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014