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Santhiaba Mosquee Group
In this Group: Ndeye Fatou Q, Fatimata Sockhna , Ndack, Salimata, Astou , Ndeye Fatou
The 'banc villageois' which houses this group was created on May 11, 2001, and it was constituted based on the affinity and understanding between its members. The members have always paid back their loans on time without difficulty. Ms. Ndeye Fatou, who is at the right in the photo with her hand raised, is the group's representative. She is unmarried and has no children. She has been active in the domain of selling breakfasts for over four years.

With the loan requested, she is going to purchase in bulk some supplies, such as peas, beans, onions, potatoes, etc… She has very loyal customers. The profits generated by her business will be used to meet her personal needs and to help cover the expenses of the family in which she lives.
View original language description ↓
Le Banc Villageois qui abrite ce groupe est créé le 11 Mai 2001. Il a été constitué sur la base d'affinité et d'entente de ces membres. Elles ont toujours remboursé leurs prêts à temps sens difficulté. Madame Ndeye Fatou qui est à la droite de la photo levant la main est la représentante du groupe. Elle est célibataire sans enfant. Elle s'active dans le domaine de la vente de petit déjeuner depuis plus de quatre année. Elle va acheter en gros avec le prêt sollicité des denrées telles que du petit poids, haricots, oignons, pomme de terre etc... Elle a une clientèle très fidèle. les bénéfices générés par son activité serviront à prendre en charge ses besoins personnels et de participer à la dépense quotidienne de la famille où elle vit.

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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 481.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Santhiaba Mosquee Group's $4,925 loan helped a member to purchase products wholesale to sell breakfasts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 27, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 2, 2014