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Mariama's Group
In this Group: Mariama, Kine, Isseu , Awa , Aminata, Rama, Oumy, Salla, Aïssata , Sophie, Faty, Khady, Amy, Fatou, Codou, Maty
This group was inaugurated on December 13, 2008 and moves forward thanks to the solidarity drive between its members. Their main business is retail.

Oumy is the woman standing on the right and raising her hand in the photograph. She's 51 years old, married, and the mother of six children, out of whom four are girls.

Her main business is retail. She sells ice, ice cream, shea butter, and bleach. She runs her business in her village, and has a good experience in this field.

She will buy monkey bread (baobab tree fruit) for XOF 40'000 and seven basins of hibiscus for XOF 21'000 to make ice cream. XOF 80'000 will be used to cover the electricity bill, and with the remaining XOF 60'000, she will buy shea butter, bleach, and bags to make ice.

With her profits, she will pay for her children's education.
View original language description ↓
Inauguré depuis le 13 décembre 2008, ce groupe progresse grâce à l'élan de solidarité qui tourne autour des membres qui font comme principale activité le petit commerce.
Oumy, debout à droite de la photo et levant la main est âgée de 51 ans. Elle est mariée et mère de 06 enfants dont 04 filles. Elle fait comme activité principale le petit commerce. Elle vend de la glace, de la crème glacée, du beurre de karité et de l'eau de javel. Elle développe cette activité au niveau de sa localité et a une très bonne expérience dans ce domaine. Elle va acheter du pain de singe à 40 000 F et 07 bassine de bissap à 3000 F la bassine soit 21 000 F pour la crème glacée, payer l'électricité à 80 000 F et avec les 60 000 F qui reste elle va acheter du beurre de karité, de l'eau de javel et des sachets pour confectionner la glace.
Avec les bénéfices réalisés, elle va payer 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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 52
    View loans »
    Senegal Loans Fundraising
  • $13,028,825
    Funds lent in using Kiva
  • 489.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mariama's Group's $2,500 loan helped a member to buy monkey bread (baobab tree fruit), hibiscus, shea butter, and bleach.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 11, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014