Check out other loans that are currently fundraising!
Amy's Group
In this Group: Amy, Rama, Khady
This group of three women belongs to the village bank which was created on the 2nd of July 2011. It is made up of members who live in the same neighbourhood and get on well together. Their work is commercial.
Amy, who is standing up on the right of the photo, is 37 years old. She is married with seven children of which one boy.
With her loan she plans to sell fabrics. She will buy a roll of 600 yards of fabric for 250000f. She will sell the fabric at 600f per yard. She will use the remainder of the money as working capital.
She intends to reinvest the profits in her business and increase her savings in the village bank.
Ce groupe de 3 femmes fait parti du banc villageois qui a été crée le 02 juillet 2011. Il est constitué de membres habitant le même quartier et qui entretiennent de bonnes relations. Elles comme activité le commerce.
Amy debout à droite de la photo et levant la main est âgée de 37 ans. Elle est mariée et mère de 7 enfants dont 1 garçon.
Avec le prêt elle compte faire de la vente de tissu. Elle va acheter un rouleau de tissus de 600 yards à 250000f. Elle va revendre le yard à 600f. Le reste de l'argent va lui servir de fond de roulement.
Elle va réinvestir les bénéfices dans son activité et renforcer son épargne au niveau du banc villageois.

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
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,515,625
    Funds lent in using Kiva
  • 476.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Amy's Group's $2,250 loan helped a member to buy fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 4, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014