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Seynabou's Group
In this Group: Seynabou, Dior, Gass, Mbene, Magatte, Aïda, Rose, Dior*, Khady, Siga, Niang*, Penda, Sina, Fatou, Penda, Khare*
* not pictured
This group is part of a Banc Villageois that was created on December 14, 2008. It consists of 16 women who share a bond of solidarity. Their main activity is commerce.

Dior, age 48, is the group’s representative. She is the married mother of five children, one of them an 18-year-old boy. Her eldest daughter is 27 years old. Dior sells fabrics, handbags and shoes. On the photo, she is the lady standing on the right with her hand raised. She buys her merchandise in the capital and conducts her sales locally, in her own town.

Dior will use her loan to buy 150,000 F worth of fabrics and 50,000 F worth of shoes in an effort to increase her revenue. She hopes someday to become a prominent merchant.

She plans to use her profits to bolster her savings in order to qualify for more substantial loans in the future.
Ce groupe fait partie d'un Banc Villageois qui est créé le 14 décembre 2008.Il est composé de seize femmes qui sont solidaires.Leur activité dominante est le commerce.



Dior la représentante est âgée de 48 ans . Elle est mariée mère de cinq enfants dont un garçon de 18 ans; sa fille aînée est âgée de 27 ans. Elle s'active dans le petit commerce de tissus, sacs et chaussures. Sur la photo elle est debout à droite la main levée.

Elle achète les tissus, chaussures,sacs et autres articles divers dans la capitale et revend dans sa ville.

Son prêt lui servira à acheter pour 150 000 F de tissus et 50 000 F de chaussures pour ainsi se faire beaucoup de revenus. Dior souhaite un jour devenir une grande commerçante.

Avec ses bénéfices, elle va renforcer son épargne afin de bénéficier d'un prêt plus consistant.

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

  • $1,759
    Average annual income
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 483.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Seynabou's Group's $2,650 loan helped a member to buy fabrics, shoes and handbags for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 15, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014