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Seynabou's Group
In this Group: Seynabou, Alassane, Dioukha, Woude, Mariama, Niatou, Goundo, Fatanding, Khady, Bintou, Ely, Fatoumata, Mareme, Aissatou, Aissatou, Satan, Fatoumata, Aissatou, Fanta, Fatou, Hadia Mariama, Kadidiatou, Sylla
This group was founded in May 2010, and is made up of 23 members who all live in the same area. Their main business activity is commerce.

Fatou (standing on the far right of the photo with her hand raised) is the group representative. She is 51 years old, married and has one daughter. She sells peanuts.

Fatou will use her loan to buy four sacks of peanuts for 10,000 francs CFA each, plus 10,000 francs CFA for transport costs.

Her intention is to use her profit to help provide for the food, health and schooling needs of her child.
View original language description ↓
Ce groupe créé depuis Mai 2010,est constitué de 23 membres qui sont tous de la même zone. Leur activité principale est le commerce.

Fatou qui se tient debout a l’extrême droite de la photo et levant le bras est la responsable du groupe. Elle est âgée de 51 ans.Elle est mariée et mère d'une fille.Elle évolue dans le commerce de l'arachide.

Avec son financement,elle compte acheter 04 sacs d'arachide a 10000f l'un et les 10000 constituent les frais de transport.

Les objectifs visés pour son bénéfice sont de contribuer au besoin alimentaire,la santé et la scolarité 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
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 477.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Seynabou's Group's $2,700 loan helped a member to buy sacks of peanuts for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 11, 2014
Listed
Mar 7, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014