Check out some available loans that are similar to this one!
Therese Yaya's Group
In this Group: Therese Yaya, Aissatou, Adama, Dado, Goundo, Aminata Diola, Halimatou, Dianna, Tacko, Souna, Fatoumata, Hawa, Penda, Tala, Oumou, Aminata Niamo, Adama, Moussou, Assette, Magno Demba, Adama, Fatoumata
This borrowing group started on 14 December 2010 and brings together very organized women who are serious about their group's operations. They all live in the same village and share strong family ties. They are small business owners engaged in various income-generating activities. Ms. Therese (standing at the far right with her left hand raised) is the representative of this group. Despite her young age (26), she is married and mother of a daughter and a son. She is a very ambitious and disciplined woman. She sells "fataya" doughnuts made of salted flour, accompanied by tomato sauce with cooked fish inside. Every three days she replenishes her inventory. With her new loan, she plans to buy 5 kg of flour, 1 liter of oil, 1/2 kg of fresh fish, onion, and various ingredients for preparation. The profits earned from this business will enable her to increase her savings and to better help her children with their education.
View original language description ↓
Ce banc villageois inauguré un 14 décembre 2010 regroupe en son sein des femmes très organisées avec une rigueur dans le fonctionnement de leur groupement. Elles vivent toutes dans le même village et partagent de liens de solidarité voir parenté très solide. Elles font le petit commerce et diverses activités génératrices de revenu.

Madame Thérèse (debout à l’extrême droite avec la main gauche levée), est la représentante du groupe. Malgré son jeune âge 26 ans, elle est mariée et mère d'une fille et d'un garçon c’est une femme très ambitieuse et rigoureuse. Elle est vendeuse de « fataya » beignet salé à base de farine de blé accompagné de sauce à la tomate et du poisson cuit à l’intérieur. Elle renouvelle chaque trois jour son stock.

Avec son nouveau prêt, elle compte acheter 5 Kg de farine, un litre d’huile, ½ Kg de poisson frais de l’oignon et divers ingrédients pour la préparation.

Les bénéfices obtenus de cette activité lui permettront d’augmenter son épargne et de mieux assister ses enfants dans leur scolarité.

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
  • 26
    View loans »
    Senegal Loans Fundraising
  • $13,297,500
    Funds lent in using Kiva
  • 479.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Therese Yaya's Group's $5,875 loan helped a member to buy 5 kg of flour, 1 liter of oil, 1/2 kg of fresh fish and various ingredients for cooking.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 9, 2014
Listed
Jan 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014