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Aminata's Group
In this Group: Aminata , Codou , Fatim, Fatou , Bineta , Oureye
This group is made up of 6 women who live in the same neighborhood and all conduct small businesses. They are a cohesive social group. Aminata is the representative of the group. She is 48 years old, married, and the mother of 2 sons ages 32 and 30, and 2 daughters ages 27 and 24. She is in the fish business, and with her loan she plans on purchasing fresh fish for 500,000 francs CFA.

Aminata conducts her business in her neighborhood fish market, which is going well despite the competition. Her profits will allow her to feed her family and to increase her savings with the "banc villageois."
View original language description ↓
Ce groupe est composé de 6 femmes qui habitent le même quartier et font toutes du commerce ,Elles ont une bonne cohésion sociale. Aminata est la représentante du groupe; elle a 48 ans; mariée et mère de 2 garçons de 32 et 30 ans;et 2 filles de 27 et 24 ans. Elle fait du commerce de poisson, et avec son prêt elle compte acheter du poisson frais a 500000f. Elle mène son activité dans le marché du poisson de son quartier et ça marche très bien pour elle malgré le concurrence.Ses bénéfice lui permettent de payer la nourriture pour ses enfants et de renforcer ses épargnes au niveau du Banc villageois.

Additional Information

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

  • $2,300
    Average annual income
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 484.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Aminata's Group's $5,875 loan helped a member to purchase fresh fish at 500,000 francs CFA.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 12, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 11, 2013