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Bintou's Group
In this Group: Bintou, Guegue, Ousseynatou, Mariama, Thieydo, Ma Hawa, Mariama, Fatoumata Bintou, Aissatou, Nkiya, Aissatou, Oulimata, Oumou Hawa, Dalanda, Ma Awa, Hady Ndiaye, Mariama, Fatoumata, Ouma, Coumba, Binta, Oumou
This group consists of women, and its name " Diambars of Doumassou " is an expression meaning valiant. Group members share values ​​of solidarity and mutual aid. They live in the same neighborhood and their main activity is small retail business.

Ms. Binta (standing on the far right with her hand raised) is the featured borrower of the group. She is married and the mother of four children, one girl and three boys. She sells juice made from hibiscus, monkey bread (fruit of the baobab tree) and ginger. She buys the hibiscus leaves and monkey bread from local producers but resupplies with ginger in the central market. She has acquired solid experience in this business, having practiced it for more than five years.

With this loan she will buy five basins of hibiscus leaves at 2,500 CFA francs each, three bags of monkey bread (fruit of the baobab tree) at 6,000 CFA francs each, at least two 50-kg bags of sugar, food coloring and various ingredients.

The profits from her activites will enable her to actively participate in taking care of family needs in terms of food, healthcare and the children's education. The rest will be put into savings.
View original language description ↓
Ce groupe est composé de femmes dont le nom « Diambars de Doumassou » expression qui signifie vaillant. Ces dernières partagent des valeurs de solidarité et d’entre aide. Elles vivent dans le même quartier, et ont comme activité principale le petit commerce.

Madame Binta, (debout à l’extrême droite avec une main levée), est emprunteur vedette du groupe. Elle est mariée et mère de 04 enfants dont 01 fille et 03 garçons. Elle est vendeuse de jus à base de bissap, de pain de singe et de gingembre qu’elle achète au près de producteurs concernant les feuilles de bissap et le pain de singe par contre elle se procure le gingembre au marché central. Elle jouit d’une bonne expérience dans cette activité pour l’avoir pratiqué depuis plus de cinq ans.

Avec ce prêt elle compte acheter 05 bassines de feuilles de bissap à 2 500 F CFA, 03 sacs de pain de singe à 6 000 F CFA l’un, du sucre au moins deux sacs de 50 Kg, des colorants alimentaires et divers ingrédients.

Les bénéfices de son activité lui permettront de participer activement à la prise en charge des besoins de la famille sur le plan de la nourriture, de la santé et de la scolarité des enfants et le reste lui servira d’épargne.

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

  • $1,759
    Average annual income
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,155,075
    Funds lent in using Kiva
  • 483.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bintou's Group's $3,800 loan helped a member buy five basins of hibiscus leaves at 2,500 CFA francs each, three bags of monkey bread (fruit of the baobab tree) at 6,000 CFA francs each, at least two 50-kg bags of sugar, food coloring and various ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 15, 2014
Listed
Jan 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014