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Awa's Group
In this Group: Awa*, Ndeye, Rama, Mbene, Deguene, Oumy, Rama, Daro, Awa, Penda, Ndeye, Penda, Fatou Daouda, Ndeye Ndambao, Fatou*, Mbayang, Fatou, Fatou, Sokhna, Fama, Magatte, Yacine, Fatim, Fatou
* not pictured
This banc villageois was created on 12th December 2009. It is made up of women from the same village and the surrounding areas. The majority of these women earn their livings through commerce and raising livestock.

Mbayang, the woman to the far right of the photo with her hand raised, is 24 years old. She is a married mother to five children, two of which are boys.
With this loan, she is planning to buy four goats at 22,500 FCFA each. The rest will go towards feeding this livestock. After raising the animals for a certain time, she will sell the goats for 45,000 or even 50,000 FCFA each.

The profits will be used to support her family. She will also put some of this money into savings with the banc villageois.
View original language description ↓
Ce banc villageois a été crée le 12 décembre 2009. Il regroupe des femmes du même village et ceux des environs. La plupart de ces femmes font comme activité génératrice de revenus le commerce et l'embouche.
Mbayang debout à droite de la photo et levant la main est âgée de 24 ans. Elle est mariée et mère de 5 enfants dont 2 garçons.
Avec le prêt elle envisage d'acheter 4 chèvres à raison de 22500f l'une. Le reste lui servira à acheter de l'aliment de bétail pour nourrir les sujets. Au bout d'un certains temps d’élevage elle va vendre les chèvres à 45000 et parfois même 50000f l'une.
Les bénéfices sont utilises pour entretenir la famille et épargner au niveau du banc villageois.

Additional Information

More information about this loan

This loan is going to a borrower or borrower group living in a rural area.

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
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,487,775
    Funds lent in using Kiva
  • 479.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Awa's Group's $2,825 loan helped a member to purchase four goats.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 8, 2014
Listed
May 29, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014