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Khady's Group
In this Group: Khady, Ndeye Coumba, Tabara, Fatou, Falo, Awa, Arame, Khady, Kor*, Sokhna, Maïmouna, Dial, Salamata, Fary, Salamata, Awa*, Niaye, Amina*, Aïssatou*, Penda, Gnaye, Fatou, Cor, Magatte, Fatou, Seynabou, Magatte, Awa Ndiaye, Fatou, Fatou, Ndeye Couna, Seynabou, Niaye, Katy, Sokhna, Mbeugue, Fatou*, Fatou, Rokhaya, Fatoumatou, Rokhaya, Marietou*, Dieck, Fa Gueye*, Khady*
* not pictured
The Banc Villageois Bolo Bokk Jom was established on March 29th, 2013. It is made up of forty-five women who are seeking their second loan. They live in the same village and their main business is growing vegetables, raising cattle, and retail.

Mrs. Khady, age 55, is the president of the group. She's married and the mother of six girls. She runs a retail business and has more than ten years of experience in this field. In the photograph, she's standing on the right, raising her hand.

She buys sugar, dried fish and dried shrimps, that she resells door-to-door. She's a traveling saleswoman and doesn't have a fixed location.

With her loan, she intends to buy dried shrimps (for XOF 25'000), dried fish (for XOF 15'000), and sugar (for XOF 30'000). She hopes to increase her sales and income. Her business is doing well in her village and its surroundings.

With her profits, she intends to bolster her savings in order to get a higher loan and achieve financial autonomy.
View original language description ↓
Le banc villageois Bolo Bokk Jom est créé le 29 mars 2013; il est composé de quarante cinq femmes qui sont au cycle 2 . Elles habitent le même village et ont comme activités principales le maraîchage, l'élevage et le petit commerce.

Madame Khady est la présidente; elle est âgée de 55 ans . Elle est mariée mère de six filles.Elle mène une activité de petit commerce et a une bonne expérience de plus de 10 ans dans ce domaine.Elle est debout sur la photo à droite et a levé la main.

Elle achéte du sucre, des poissons séchés, des crevettes séchées qu'elle revend en faisant du porte à porte. Elle n'a pas de place fixe, elle est ambulante.

Elle envisage avec son prêt acheter pour 25000 F de crevettes séchées, 15000 F de poissons séché et du sucre pour une valeur de 30000 F et espère se faire ainsi beaucoup de revenus à la vente.Son activité marche bien dans son village et les environs.


Avec ses bénéfices, elle compte renforcer son épargne afin de bénéficier d'un prêt plus élevé et aussi avoir son autonomie financière.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 490.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Khady's Group's $5,825 loan helped a member to buy dried fish, dried shrimps, and sugar.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 12, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014