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Aida's Group
In this Group: Aida, Aminata, Nayette, Awa
This group of four women belongs to a Banc Villageois that was created March 29, 2008. They live in the same neighborhood, get along well, and their solidarity is their strength. They conduct commercial activities.

Aïda, age 45, is the group member standing on the right and raising her hand. She is the married mother of two boys and two girls. She sells fabrics and shoes, and she has extensive experience in this sector. She travels to large cities to purchase fabrics, shoes and milk.

With this loan, she plans to buy 10 cases of 48 cartons of milk for 100,000F CFA, 100,000 F worth of fabrics, and 75,000 F worth of shoes. The remainder of her loan will be used as working capital. She will use her profits to bolster her savings and to cover her children’s tuition fees.
Ce groupe de 4 femmes fait partie d'un Banc Villageois qui a été créé le 29 Mars 2008. Elles habitent le même quartier, sont en bonne entente et la solidarité constituent leur force. Leurs principales activités sont le commerce. Aïda, debout à droite sur la photo et levant la main est âgée de 45 ans. Elle est mariée et mère de 02 fille et 02 garçons. Elle fait comme activité la vente de tissus et de chaussures. Elle a une très bonne expérience dans ce domaine. Elle va dans les grandes villes où elle s'approvisionne en tissus, en chaussures et du lait. Elle compte acheter 100000F CFA pour 10 casiers de 48 boites de lait, 100000 F de tissus, 75000 F de chaussures et le reste va lui servir de fond de roulement. Avec les bénéfices réalisés, elle va renforcer son épargne et assurer les frais d'études 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
  • 35
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Aida's Group's $3,050 loan helped a member to buy fabrics, shoes and milk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 5, 2013
Listed
Dec 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014