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Simity's Group
In this Group: Simity, Mballou, Kamissa , Mariama, Adama, Fanta, Fatou, Adama, Téréna, Ndeye Penda, Lemou, Coumba, Tiguida, Mah, Fatoumata, Aissatou, Cira, Diamilatou, Sallé, Dieynaba, Fatoumata, Lalia , Mansata, Khary, Fatoumata, Ciré
This group, created on December 20, 2012, is composed of 26 members who are all from the same town. Their main work involves commerce.

Fanta, who is standing at the far right in the photo, is 42 years old, married, and a mother of four children (2 boys and 2 girls). She does commerce in fabrics and onions, and she is a shopkeeper too.

With her financing, she intends to purchase 3 cases of beverages at 4,000 francs each, while 55,000 francs will be invested in sanitary napkins, and the rest, for personal expenses.

The profits will be used for the purposes of meeting the needs of her children, paying for their schooling, and bolstering her savings.
View original language description ↓
Ce groupe est crée depuis le 20 Décembre 2012, est constitué de 26 membres qui sont tous de la même localité. leur activité principale est le commerce.

Fanta qui se trouve debout a l’extrême droite de la photo et levant le bras, est âgée de 42 ans. Elle est mariée et mère de 04 enfants dont 02 garçons et 02 filles. Elle évolue dans le commerce de tissus, d'anions et elle est boutiquière aussi.

Avec son financement, elle compte acheter 03 caisses de boissons à 4000f l'une,les 55000 seront investis dans les serviettes hygiéniques et le reste pour ces dépenses personnelles.

Les objectifs visés pour son bénéfice sont de subvenir aux besoins de ces enfants,payer leurs études et renforcer son 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.

Tags

About Senegal

  • $2,300
    Average annual income
  • 88
    View loans »
    Senegal Loans Fundraising
  • $13,826,900
    Funds lent in using Kiva
  • 473.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Simity's Group's $3,875 loan helped a member to purchase merchandise, such as beverages, cloth, and other shop goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 22, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014