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Maguette's Group
In this Group: Maguette, Awa, Marame, Marie*, Aby, Awa, Mbene, Fatou, Bousso*, Awa, Fatou Mor, Ndeye, Aminta, Awa, Faty, Fatou Ndiaye, Khaady, Fama, Boye, Ngone Tako, Khady, Aby, Soda, Thiara
* not pictured
This group consists of 24 members who are dynamic and share a bond of solidarity. Their activities revolve around commerce and animal fattening.

Fatou Ndiaye, age 65, is the group member standing on the right and raising her hand. She is the married mother of seven children, two of them boys. Her main activity is the sale of a local fruit juice made from sorrel and pain de singe (fruit of the baobab tree). She buys sorrel, sugar and pain de singe to prepare the juice that she sells in a school. She has been doing this for over five years, but this activity is now saturated, and the profits are less than satisfactory.

She plans to use her profits to bolster her savings and to buy food for her family.
Ce groupe est composé de 24 membres dynamiques et solidaires qui font comme activités le commerce et l'embouche. Fatou Ndia, debout à droite de la photo et levant la main est âgée de 65 ans. Elle est mariée et mère de 07 enfants dont 02 garçons. Son activité principale est le commerce de jus de fruit local à base de fleur d'oseille et de pain de singe. Elle achète des fleurs d'oseilles, du sucre, du pain de singe. Elle fait cette activité depuis plus de cinq ans. l'activité est saturé, c'est pourquoi les retombées ne sont pas fameuses, elle vend dans une école. Avec les bénéfices qu'elle génère, elle renforce son épargne et appuis pour la nourriture de la famille.

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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Maguette's Group's $2,875 loan helped a member to buy dried sorrel leaves, sugar and pain de singe to make juice for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 2, 2013
Listed
Dec 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014