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Fatoumata Biri's Group
In this Group: Fatoumata Biri, Ansatou Ibou, Kady Diarga, Halimatou, Aminata, Ouleye, Raby, Fatoumata Ousmane, Soucouto, Salimatou, Aissatou Seydou, Mariama Arfang, Habibatou , Hawa, Ansata Aly, Ansata Yaya, Dienabou, Mariama Daouda, Diari, Ansatou, Mariane, Maimouna, Aminata, Dienabou Bathi, Fatoumata Moussa, Hawa, Diary, Ramatoulaye, Aissatou, Fatoumata Binta, Awa
This group is composed of women who are very committed to changing the life conditions in their village through to their activities within the framework of "banc villageois" created on May 17, 2011. They all come from the same village and have a good rapport. They mainly work as vendors.
Mrs. Fatoumata (standing on the far right raising her hand in the photo) is the star borrower of the group. She is married and has four children, two daughters and two sons. She is very involved in the banc villeageois activities as well as in her business. She sells everyday goods, in particular sugar, tea and seasonings.

With this loan, she plans to buy wholesale a bag of sugar at 25,000 West African francs, green tea and various stock/broth cubes for to resell them retail.
The revenues derived from her activity will allow to support her children's education and help improve their life conditions.
View original language description ↓
Ce groupe est composé de femmes très engagées et de volonté sans faille dans le changement des conditions de vie du village via leur activité au sein du banc villageois créé un 17 mai 2011. Elles sont toutes issues du même village et ont une bonne entente entre elles. Elles ont comme activité principale le petit commerce.

Madame Fatoumata, (debout à l’extrême droite avec une main levée), est emprunteuse vedette du groupe. Elle est mariée et mère de quatre enfants dont deux filles et deux garçons. C’est une femme très engagée dans les activités du banc villageois de même que dans ses activités génératrices de revenu. Elle s’active dans la vente de produits de consommation courante plus particulièrement le sucre, le thé et les assaisonnements.

Avec ce prêt elle compte acheter en gros au marché central du sucre un sac de 25 000 F CFA, du thé vert et divers bouillons pour la revente au détail.

Les bénéfices de son activité lui permettront d’apporter son soutien à ses enfants dans le cadre scolaire et chercher à améliorer les conditions de vie.

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
  • 90
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 483.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatoumata Biri's Group's $3,800 loan helped a member to buy sugar, green tea and stock cubes wholesale for retailing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 10, 2014
Listed
Jan 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014