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Fatou Mane's Group
In this Group: Fatou Mane, Elise Bernadette, Mariama, Clementine, Dioma, Moussou
This banc villageois has been created on May 28, 2001. The group is composed of six very dynamic women who always repay their loan without issues. Mrs. Clementine, the one on the left raising her hand in the photo, is the group’s representative. She is a widow and the mother of three sons and six daughters. She sells lemon juice, palm oil and after-school snacks (bean fritters, pastries etc). She has plenty of experience with this work as she has been doing it for over 20 years. With this loan she plans to buy palm oil and ingredients for cooking her snacks. Her revenues will help her to fully provide for her children.
View original language description ↓
Ce banc villageois est créé le 28 Mai 2001. Le groupe est constitué de 6 femmes très dynamique qui rembourse toujours leur crédit sens difficulté. Madame Clémentine qui est à la gauche de la photo levant la main elle est la représentante du groupe. Elle est veuve et mère de 3 garçons et de 6 filles. Elle s'active dans la vente de jus de citrons, de l'huile de palme et de gouter(accra, pastel etc...). Elle a une expérience avérée car ayant pratiquer cette activité depuis plus de vingt ans. Avec ce prêt sollicité elle compte acheter de l'huile de palme et de la matière première pour le gouter. Les bénéfices tirés serviront à la prise en charge totale 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

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 481.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatou Mane's Group's $4,200 loan helped a member to buy various products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 16, 2013
Listed
Jan 8, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014