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Ramata's Group
In this Group: Ramata, Adama Bailo, Coumba, Mariama, Awa, Mariama Issa, Dienaba, Amina, Khady, Rocky Hawa, Aissatou, Dienaba, Adama, Diary, Bigue, Ramata, Khady, Kadiatou, Fatou, Raby, Djiba, Goundo, Djide Mamadou, Houleye, Kadiatou, Mariama, Diarry, Sylla, Dienaba, Rocky
This newly inaugurated "banc villageois", created on 26th September 2013, is made up of dynamic women wishing to bring about change in their living conditions. It is for this reason that they started up this "banc villageois". They have been living in the same village for several decades. They support each other through collectivism and mutual assistance. Their main source of income is a whatever business they can find in this struggling country.

33-year-old Ramata (the woman standing at the end of the row on the left in the photo) is this group's representative. She is a married mother of two girls and a boy. She creates and sells traditional dresses, notably hand-made "pagne" cloth.

With this new loan, she wants to buy 30,000 FCFA's worth of thread for the construction of traditional "pagne" cloth, which she will resell at 5,000 FCFA over a period of two months.

With the profits, she wants to develop her business and actively participate in managing her family life.
View original language description ↓
Ce banc villageois Nouvellement inauguré, ce 26 septembre 2013 est composé de femmes très dynamiques, elles désirent 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 ont comme activité principale le petit commerce accompagné de la culture sous pluie.

Madame Ramata, âgée de 33 ans (debout à l’extrême gauche), est la représentante de ce groupe. Elle est mariée et mère de 02 filles et un garçon. Elle fabrique et vend des tenues traditionnelles plus particulièrement des pagnes faits à la main.

Avec son nouveau prêt, elle compte se procurer d’un lot de files d’une valeur de 30 000 F CFA pour la confection de pagne, qu’elle revend à 5 000 F CFA pour 02 mois.

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.

About Senegal

  • $2,300
    Average annual income
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 483.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ramata's Group's $3,125 loan helped a member to buy 30,000 FCFA's worth of thread for the construction of traditional pagne cloth, which she will resell at 5,000 FCFA over a period of two months.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014