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Awa's Group
In this Group: Awa, Khouredia, Mareme, Ndatte, Penda Sow*, Aminta, Khoudia*, Fatou, Oumy, Maguette*, Mbamba, Anna, Sira, Coumba Seydou, Anta Ngone*, Anta, Thiane, Diarietou, Anta, Asta, Khoudia, Astou*, Mingue , Fabinta, Khady, Adja Khady, Seynabou
* not pictured
Created on 5 December 2007 during the inauguration of the banc villageois, this group is made up of 27 women who have experience in the banc villageois system. These women are all from the same area and share strong ties and support each other. They mostly engage in commerce and artisanal work.

Ndatté (standing on the far right with her hand raised) is the featured borrower of the group. She is married, 45 years old, and a mother of five children, one girl and four boys. She buys fish at the market and resells them.

With this new loan, she plans to buy 50,000-75,000 francs CFA worth of fish each day, which she will resell to smaller merchants who then sell them in their areas.

She plans to use part of her earnings to support her husband in the schooling of their children and the other part to improve her family's living conditions and increase her savings in the banc villageois.
View original language description ↓
Créé le 05 Décembre 2007 à l’inauguration du banc villageois, ce groupe est composé de 27 femmes qui ont une expérience dans le programme des bancs villageois. Elles sont toutes issues du même quartier et partageant des liens forts de solidarité et d’entre aide. Elles ont comme activité principale le petit commerce, l'artisanat. Madame Ndatté (debout à l’extrême droite avec une main levée), est l’emprunteuse vedette du groupe. Elle est mariée, est âgée de 45 ans et mère de 05 enfants dont 1 fille et 04 garçon. Elle achète du poison au marché et revend sur place. Avec son nouveau crédit, elle compte acheter chaque jour une valeur de 75000 CFA ou 50000F CFA de poissons et revend aux petites commerçantes qui à leur tour revendent dans leurs quartiers. Les bénéfices, elle compte les utiliser pour appuyer son mari dans la scolarisation de ses enfants d’une part et d’autre part à améliorer les conditions de vie de la famille aussi renforcer son épargne dans le banc villageois.

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.

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About Senegal

  • $2,300
    Average annual income
  • 88
    View loans »
    Senegal Loans Fundraising
  • $13,826,900
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Awa's Group's $4,575 loan helped a member to buy fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 29, 2013
Listed
Dec 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 2, 2014