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Marietou's Group
In this Group: Marietou, Aissatou, Fatoumata, Woury Bella, Coumba Talka, Aissatou, Malado, Awa, Fatoumata Binta, Mariama, Housseynatou, Hadyatou, Coumba, Woury Bella, Oussoumane, Mariama, Coumba Alarba, Aissatou, Woury, Mariama Vieux, Mariama Dioulde, Oumou, Dienabou, Coumba, Bintou, Dienabou, Mariama, Ngueth, Adama Hawa, Aissatou Timbo, Mouminatou , Mariama, Mariama *
* not pictured
Created on 17th May 2007 with the inauguration of the banc villageois, this group is made up of women with experience of the framework of bancs villageois. They all come from the same village and share a strong sense of solidarity and mutual aid. Their main businesses are retail, processing local produce and rain-based agriculture.

Mariètou (sat on the far right of the photo with her hand raised) is the group's star borrower. She is a 37-year-old married mother of four sons and one daughter. She buys 50 kg sacks of shelled peanuts, sorts the peanuts then shells them for resale at market at a higher price.

With this new loan, she plans to buy four 50 kg sacks of shelled peanuts at 10,000 F CFA apiece, which, after being shelled, will be resold for 22,000 F CFA, or an even higher price.

She plans to use the profits in order to support her husband with their children's school fees and to also improve their family's living conditions.
View original language description ↓
Créé le 17 Mai 2007 à l’inauguration du banc villageois, ce groupe est composé de femmes qui ont une expérience dans le programme des bancs villageois. Elles sont toutes issues du même village et partageant des liens forts de solidarité et d’entre aide. Elles ont comme activité principale le petit commerce, la transformation de produits locaux et l’agriculture sous pluie.

Madame Mariètou (assise à l’extrême droite de la photo avec une main levée), est l’emprunteuse vedette du groupe. Elle est mariée, est âgée de 37 ans et mère de quatre garçons et une fille. Elle achète des sacs d’arachide de 50 Kg non décortiqués, fait un tri puis le décorticage pour la revente au marché à un prix plus élevé.

Avec son nouveau crédit, elle compte acheter 04 sacs de 50 Kg à 10 000 F CFA l’un pour la revente après décorticage en 22 000 F CFA voir plus.

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.

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
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Marietou's Group's $3,975 loan helped a member to buy four 50 kg sacks of shelled peanuts at 10,000 F CFA apiece, which, after being shelled, will be resold for 22,000 F CFA, or an even higher price.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 9, 2013
Listed
Jan 10, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014