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Arame's Group
In this Group: Arame, Awa*, Dianke, Philneri, Aissatou, Anta, Bintou, Satou
* not pictured
This group of eight women is part of a 'banc villageois' that was created on March 21, 2001. The women are joined in solidarity and work in small-scale commerce in general. Ms. Arame, who is at the right in the photo, is the group's representative. She is a married mother of four boys and two girls. She is 48 years old and has been active in selling dried fish and dried oysters for several years. She is going to purchase 100 kg of dried fish and 40 kg of oysters. The profits will be used to help cover day-to-day expenses and the children's schooling costs.
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Ce groupe de 8 femmes fait partie d'un banc villageois qui a été créé le 21 Mars 2001. Elles sont solidairement liés et exercent le petit commerce en général. Madame Arame qui est à la droite de la photo est la représentante. Elle est mariée et mère de quatre garçons et de deux filles. Elle est âgée de 48 ans. Elle s'active dans la vente de poissons séchés et d’huîtres séchées depuis plusieurs années. Elle va acheter avec le prêt 100 kg de poissons séchés et de 40 kg d’huîtres. Les bénéfices serviront a participer à la dépense quotidienne et à la scolarité de ses enfants.

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.

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About Senegal

  • $1,759
    Average annual income
  • 35
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 475.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Arame's Group's $4,950 loan helped a member to purchase dried fish and 'yets' (dried shellfish).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 12, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014