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Marie Madeleine's Group
In this Group: Marie Madeleine, Monique, Madeleine, Clementien Seynabou, Aissatou, Leontine, Christine, Yoba, Anita, Marame, Nyana, Elisabeth, Fatou, Rose, Cira, Coumba, Marie Joseph, Mbore, Siga, Khady, Elisabeth, Cecile, Adji, Christine, Bouya, Awa, Emma Adji, Diouma, Rokhy
This group was created in November 2012. Its members live in the same neighborhood and work as vendors.

Marie, the one raising her hand on the right in the photo, is the group’s leader. She is 44 years old and the mother of two children, 18 and 22 years old. Her eldest child now studies at the university. Her business is making juice. She uses baobab fruit (“monkey bread”), millet and peanuts to make juice.
With this loan, she plans to buy millet for 250000 West African francs, baobab fruit for 25,000 francs and peanuts for 25,000 francs. Her goal is to be able to regularly pay her waters and electricity bills and provide for the food and educational costs for her children.
View original language description ↓
Ce groupe est créé depuis novembre 2012.Il est composé de membres qui habitent le même quartier,elles ont comme activité le commerce.

Marie qui est à droite de la photo et levant le bras,est la responsable du groupe,elle est âgée de 44 ans,et mére de 02 enfants qui ont respectivement 18 et 22 ans dont l'aîné est actuellement à l'université.

Son activité est la production de jus.Pour ce faire elle utilise le pain de singe,le mil et l'arachide.

Avec le crédit,elle compte acheter du mil pour une valeur de 25000f,du pain de singe pour une valeur de 25000f et de l'arachide pour 25000f.

Son objectif est de pouvoir assurer le réglement des factures d'eau,d'électricité,assurer la nourriture et payer les frais scolaires 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.

About Senegal

  • $2,300
    Average annual income
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 482.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Marie Madeleine's Group's $4,300 loan helped a member to buy baobab fruit, millet and peanuts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 29, 2014
Listed
Feb 7, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014