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Aissatou's Group
In this Group: Aissatou, Khadidiatou, Mbinkinding, Diarry
The various member groups the local banc villageois have been created on the day of its laucnh. The groups are composed of energetic female entrepreneurs. The group members have been working mainly as vendors, also grow rainfed farm produce for some years. They all live in the same village and are united by a spirit of solidarity.

Mrs. Aissatou (the one seated at the far right in the photo) is the star borrower of her group. She is 41 years old and married. She is a trustworthy person and plays an important role in the smooth functioning of the banc villageois. She sells cloth, which she most often buys in the capital city or in a neighboring country in order to resell for credit or for cash, depending on the customer.
With her new loan, she plans to buy quality lightweight cloth to resell by 6-yard [5.5 meters] piece.
Her revenues will allow her to better help her husband manage the family expenses, especially the children’s school fees.
View original language description ↓
Mise en place le jour de son inauguration, les différents groupes de ce banc villageois sont composés de femmes très dynamiques dans leurs activités génératrices de revenu. Elles sont dans leur majorité dans le petit commerce qui est accompagné de l’agriculture sous pluie depuis plusieurs années. Elles vivent toutes dans le même village et partagent des liens de solidarité très solides.

Madame Aissatou (accroupie à l’extrême droite), est l’emprunteuse vedette du groupe. Elle est mariée, âgée de 41 ans. C’est une des personnes morales du banc villageois et joue un rôle important dans son bon fonctionnement. Elle s’active dans la vente de tissus qu’elle achète le plus souvent à la capitale ou dans un pays frontalier pour la revente à crédit ou au comptant selon le client.

Avec son nouveau prêt, elle compte acheter des étoffes de qualité légère pour la revente par pièce de 06 yards.

Les bénéfices lui permettront de mieux assister son mari dans la gestion du foyers surtout des frais scolaires des enfants.

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.

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About Senegal

  • $2,300
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 482.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Aissatou's Group's $2,750 loan helped a member to buy quality lightweight cloth for resale.
95% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 2, 2014
Listed
Jun 11, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015