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Fatou Modou's Group
In this Group: Fatou Modou, Tening, Awa, Maounde, Moya, Meta, Besso, Adama Hawa, Aissatou Oumou, Mansata, Maimouna, Kadidia, Madia, Mariama Djoudjou, Bana, Kadiatou, Sira Diouma, Binta, Kady, Fatou, Hawa, Ansata, Yama, Aminata, Sire, Mariama, Rougui, Dienaba, Ramata, Aissatou, Mariama Seyni, Diary, Seynabou
This "banc villageois" loan group, newly inaugurated on September 26, 2013, comprises women committed to changing their living conditions, which is why they have integrated the "banc villageois" loan program. They have lived in the same village for decades and maintain relations of solidarity and mutual aid. They are active in running small businesses.

Fatou, 36 years old (standing on the far left), is the group's featured borrower. She sells fresh produce in one of the sub-region's weekly markets. She buys her products from vegetable producers, mostly from her village.

With the new loan, she intends to buy at least 06 platters of salads and a few buckets of cucumbers for retail sales or by lot.

She wants to use her profits to expand her business and actively participate in managing family expenditures.
View original language description ↓
Ce banc villageois Nouvellement inauguré, ce 26 septembre 2013 est composé de femmes soucieuses d’apporter un changement dans leurs conditions d’existence raison pour la quelle elles ont intégré le programme des bancs villageois. Elles vivent dans un même village depuis plusieurs décennies et entretiennent des relations de solidarité et d’entre aide. Elles s’activent dans le petit commerce.

Madame Fatou, âgée de 36 ans (debout à l’extrême gauche), est l’emprunteuse vedette de ce groupe. Elle est vendeuse de légumes frais dans un marché hebdomadaire de la sous région. Elle achète son produit auprès de maraichers pour la plus part de son village.

Avec son nouveau prêt, elle compte se procurer au moins 06 planches de salades et quels que seaux concombres pour la revente au détail et par tas.

Avec les bénéfices, elle veut développer son activité et participer de manière active à la gestion 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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatou Modou's Group's $3,450 loan helped a member buy at least six platters of salads and a few buckets of cucumbers for retail sales or by lot.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 5, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014