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Astou's Group
In this Group: Astou, Yacine, Mberry, Maimouna, Kadidiatou Mouskeba, Alele, Aissatou, Moussouba, Egue, Penda, Diarra Bousso, Rouguiyatou, Ndeye, Marietou, Safietou, Oumy, Fatoumata, Aissatou, Fatou, Penda
The Kambeng Doumassou Banc Villageois was created with its inauguration on November 15, 2006. The group is made up of women with a great deal of experience with the institution's program, and who are very involved in their income-generating activities, mainly small-scale retail sale. They all live in the same neighborhood, which has promoted an understanding and a solidarity that are appreciated by all.

Astou (seated third from the left with her hand raised) is the group's featured borrower. She is married and has 7 children: 5 girls and 2 boys. She is a very enterprising woman in the business of selling fruit juices made from hibiscus, baobab fruit, tamarind and ginger. She gets her supplies from the central market. She benefits from a great deal of know-how, thanks to her 5 years of experience in the business.

Her new loan will enable her to buy four 50 kg bags of baobab fruit at 4,000 CFA Francs each, three bags of hibiscus at 5,000 CFA Francs each, and two bags of sugar at 25,000 CFA Francs each, with the rest going towards various food coloring and flavoring used to make juices. With the resulting income, she plans to cover not only daily expenses, but also her children's schooling and her own needs.
View original language description ↓
Le groupe Banc Villageois de Kambeng Doumassou a été créé le 15 Novembre 2006 à l’occasion de son inauguration. Ce groupe est composé de femmes très expérimentées dans le programme de l’institution, ces dernières sont très actives dans leurs activités génératrices de revenu, plus particulièrement le petit commerce. Elles habitent toutes dans le même quartier favorisant une bonne entente et solidarité de groupe très appréciées.

Madame Astou (assise à la troisième position de la gauche vers la droite avec une main levée), est l’emprunteur vedette du groupe. Elle mariée et mère de 07 enfants dont 05 filles et 02 garçons. C’est une femme très entreprenante et s’active dans la vente de jus de fruit à base de feuilles de bissap, de pain de singe, de tamarin et de gingembre. Elle se procure la marchandise au marché central. Elle jouit d’une grande expérience dans ce domaine pour lavoir pratiqué pendant plus de 05 ans.

Son nouveau prêt lui permettra d’acheter quatre sacs de pain de singe de 50 kg à 4 000 FCFA l’unité, trois sacs de bissap à 5 000 FCFA l’unité, deux sacs de sucre de 25 000 FCFA l’un et le reste pour divers colorants alimentaires et saveurs entrant dans la préparation des jus.

Avec les bénéfices réalisés, elle compte assurer en plus de la dépense quotidienne, les frais scolaires de ses enfants et ses propres besoins.

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

  • $1,759
    Average annual income
  • 11
    View loans »
    Senegal Loans Fundraising
  • $12,846,900
    Funds lent in using Kiva
  • 471.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Astou's Group's $4,525 loan helped a member to buy four 50 kg bags of baobab fruit at 4,000 CFA Francs each, three bags of hibiscus flower at 5,000 CFA Francs each, two bags of sugar at 25,000 CFA Francs each, as well as various food coloring and flavoring used to make juices.
98% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 5, 2014
Listed
May 10, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014