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Safiatou's Group
In this Group: Safiatou, Dioula, Mamanding, Sima, Mariama, Fatoumata, Oumy, Aissatou, Yacine, Mouscouta, Coumboye, Fatoumata, Aida, Balankang, Coumbel, Kouta*, Bintou, Sounkoutou, Fatoumata Coulibaly, Aissatou, Tamarta, Mounou, Diarra, Tounkang*, Aminata, Nakeba, Badio *
* not pictured
This group, created on the inauguration day of August 25, 2011, is driven by a strong goodwill towards one another. Solidarity is very strong in this banc villageois composed of 27 women who come from the same village. The members' principal activities are small merchant businesses.

Safiétou (shown seated on the far left) is the featured borrower for the group. She is 49 years old, married, and the mother of nine children; four girls and five boys. She sells vegetables and various agricultural products according to the seasons, including red hibiscus leaves, Monkey Bread (fruit of the Baobab), ginger root, and palm oil that she buys and sells to the international market in the subregion and in her village.

The new loan will allow her to buy two 20-liter cans of palm oil, 50-kilo sacks of red hibiscus leaves, and a batch of traditionally fabricated soap. The income she earns will enable her to contribute significantly in support of the education and health of her children.
View original language description ↓
Le groupe, créé le 25 Août 2011 au jour d’inauguration est animé d’une très bonne entente, la solidarité est très forte dans ce banc villageois composé de 27 femmes qui sont issues du même village. Les membres ont comme activité principale est le petit commerce.

Madame Safiétou (assise à l’extrême gauche) est l’emprunteuse vedette du groupe. Elle est âgée de 49ans, elle est mariée et mère de 09 enfants dont 04 filles et 05 garçons. Elle est vendeuse de légumes et de divers produits agricoles suivants les saisons telles que les feuilles de bissap rouge, le pin de singe, les racines de gingembre ainsi que l’huile de palme qu’elle achète ou vend au marché international de la sous région et dans son village.

Ce nouveau crédit lui permettra d’acheter deux bidons de 20 litres d’huile de palme, des sacs de 50 kilos de feuilles de bissap rouge et un lot de savon de fabrication traditionnelle.

Les bénéfices lui permettront de contribuer considérablement à la prise en charge de la scolarisation et sanitaire des enfants.

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.

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About Senegal

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 487.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Safiatou's Group's $3,800 loan helped a member to buy two 20-liter cans of palm oil, 50-kilo sacks of red hibiscus leaves, and a batch of traditionally fabricated soap.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 8, 2013
Listed
Nov 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2014