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Awa Ndaw's Group
In this Group: Awa Ndaw, Khady, Khady, Founne, Inthia, Khadi, Coumba, Yacine, Inthia Khady, Oully, Fatou, Rocky, Fatou, Adja, Inthia Mbathio, Inthia Gaye, Inthia Yandoo, Fatim, Yacine, Seunde, Khadja, Aida, Nafy, Inthia Oumy, Mariama, Awa, Mame Bode, Awa, Mame Diarra, Hawa, Satou, Satou, Aminata, Awa Diop, Dieye, Djeh
This "banc villageois," newly inaugurated on September 11, 2013, is made up of women with the ardent goal of integrating the different "bancs villageois" program. The women have all lived in the same village for several years and maintain relations based on solidarity and mutual aid. They have, as their main business, the sale and growth of peanuts during the rainy season. Ms. Awa (standing to the far right with her hand raised) is the star borrower of the group. She is married, 33 years old, and the mother of 5 children, of which 3 are girls and 2 boys. She works exclusively in the sale of palm oil, the majority of which she buys in the sub-region for resale in bulk and at retail in the capital, the village and the weekly markets. With this new loan, she will be able to strengthen her financial capital by buying 3 drums of 20 liters at a cost of 15,500 f CFA per drum. She expects to divert the profit into investments via beneficial savings which will allow her to strengthen her savings in order to obtain more important loans during the next cycle.
View original language description ↓
Ce banc villageois nouvellement inauguré ce 11 septembre 2013 est composé de femmes ayant un vœu ardent d’intégrer le programme de bancs villageois. Elles vivent toutes dans le même village depuis plusieurs années et entretiennent des relations de solidarité et d’entre aide mutuel. Elles ont comme activité principale le petit commerce et la culture de l’arachide pendant l’hivernage.

Madame Awa (debout à l’extrême droite avec une main levée) est l’emprunteuse vedette du groupe. Elle est mariée, âgée de 33 ans et mère de 05 enfants dont 03 filles et 02 garçons. Elle s’active exclusivement dans la vente d’huile de palme qu’elle achète en majorité dans la sous région pour la revente en gros et détail dans la capitale, au village et dans les marchés hebdomadaire.

Avec ce nouveau prêt, lui permettra de renforce sa capacité de financement en achetant 3 bidons de 20 litres à 13 500 F CFA le bidons.

Les bénéfices, elle compte les reconduire dans ses investissement via l’épargne en bénéficiant de 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.

About Senegal

  • $1,759
    Average annual income
  • 20
    View loans »
    Senegal Loans Fundraising
  • $12,848,050
    Funds lent in using Kiva
  • 485.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Awa Ndaw's Group's $3,725 loan helped a member to strengthen her financial capcity by buying 3 drums of 20 liters at a cost of 13,500 f CFA per drum.
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