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Belfort Group
In this Group: Charlotte, Victoire, Aminata, Anna, Aminata, Fouleymatou, Nene, Celestine
The "banc villageois" was created on 9th May 2001. The Belfort Group has eight members who have always repaid their loans correctly, and on time.

Aminata (on the right of the photo with her hand raised) is the group representative. She is married and has six children, four girls and two boys. She sells juice and vegetables, and has done this work for several years, so she is very experienced.

Aminata will use her loan to buy raw materials to produce juice, and materials for vegetable growing. Despite the large number of people who work in this area, Aminata's business is very successful.

She will use her earnings to help her husband with their household expenses, particularly those for schooling, food and healthcare.
View original language description ↓
Le Banc Villageois a été inauguré le 9 Mai 2001. Le groupe qui constitue ce dossier est composé de 8 membres qui ont toujours remboursé leur prêt sens difficulté. Madame Aminata qui est à la droit de la photo levant la main est la représentante du groupe. Elle est mariée et mère de 4 filles et de 2 garçons. Elle s'active dans la vente de jus et de légumes. Elle est très expérimenté car elle pratique ses activités depuis plusieurs années. Madame va acheter avec le crédit sollicité de la matière première pour le jus et le maraichage. Malgré la forte affluence de son activité dans le marché, elle s'en sort très bien. Les bénéfices serviront à aider son mari dans le ménage plus précisément dans la scolarité, la nourriture et la santé.

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
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 482.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Belfort Group's $5,075 loan helped a member to buy raw materials to produce juice and materials for vegetable growing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 16, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014