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Thioro's Group
In this Group: Thioro, Khemesse, Aby, Ndogue, Ndeye, Tening, Coumba, Selbe, Amy Malick, Bigue, Ngony, Amy, Fatou, Awa, Khemesse, Diouma, Ndiack, Djibel, Fatou, Fama, Fatou
This groups of 21 people is part of the Banc Villageois of Sarèmes Sérères, which was established on December 13, 2008. Its members live in the same village. They stand by each other and get along well. Their main businesses are retail and raising livestock.

Thioro is the woman standing on the right and raising her hand in the photograph. She's 68 years old, a widow, and the mother of six children, out of whom one is a boy.

Her main business is raising sheep, which she has been doing for a long time. She buys sheep that she raises at her place and, after six months, she resells them at the weekly fairs.

She wants to buy five sheep, costing between XOF 25'000 and 40'000 depending on the market's flux and two sacks of animal feed costing XOF 12'000. Veterinary cares amount to XOF 700.

She intends to resell each sheep for between XOF 75'000 and 80'000. If she has some money left, she will buy some millet, store it at her place, and resell it to the highest payer during the off-season.

With her profits, she covers the daily expenses of the family since she's the only bread earner, and pay her children's healthcare. She also provides for herself. She wants to strengthen her savings and pay her interests.
View original language description ↓
Ce groupe de 21 personnes fait partie du banc villageois de Sarèmes Sérères qui a été créé le 13 décembre 2008. Il est composé des membres qui vivent dans la même localité. Les membres sont solidaires et vivent dans la bonne entente. leurs principales activités sont le commerce et l'embouche.
Thioro, debout à droite de la photo et levant la main est âgée de 68 ans. Elle est veuve et mère de 06 enfants dont 01 garçon. Elle fait comme activité principale de l'embouche ovine. Elle fait cette activité depuis bien longtemps. Elle achète des moutons qu'elle élève chez elle et au bout de 06 mois, les revend dans les marchés hebdomadaires. Elle achète 05 moutons entre 25 000 et 40 000 F selon le flux du marché, des aliments pour bétail (02 sacs) à 12 000 F, les soins vétérinaires s'élèvent à 700 F. Elle compte revendre entre 75 000 et 80 000 F le mouton. S'il reste de l'argent, elle achète du mil qu'elle va stocker chez elle et le revendre en période de soudure au plus offrant.
Avec les bénéfices, elle réinvestit dans la dépense journalière car elle est seule soutien de famille, dans les soins médicaux de ses enfants, dans les besoins de la famille et aussi ses propres besoins. Elle renforce son épargne et paie ses intérêts.

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.

About Senegal

  • $2,300
    Average annual income
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,894,400
    Funds lent in using Kiva
  • 487.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Thioro's Group's $4,550 loan helped a member to buy and raise sheep.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 11, 2013
Listed
Nov 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014