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Antoinette's Group
In this Group: Antoinette, Kinta
This [group] was created on December 5, 2000 when [the ’banc villageois’ was] inaugurated. The group is composed of women who are from the same village. Having very good solidarity between them, these women get along very well together and enjoy a reputation as hard-working. Their main work involves small-scale commerce and rainy-season farming.

Ms. Antoinette (standing at the right with her hand raised) is the featured borrower. She is 49 years old and a married mother of six children, of whom two are girls, and four are boys. She is a woman with a lot of experience in the business of processing local products. She is also a vendor of pigs in her community and in a neighboring country. She purchases young pigs from villagers and fattens the pigs for about forty days. She then resells them at the right time or has them slaughtered for celebrations or religous events.

With her new loan, she is going to purchase over a dozen young pigs and some sacks of unshelled peanuts at 10,000 francs CFA and to pay the cost of shelling them for processing.

The profits from her business will enable her to grow her savings and to help in an active manner in managing household expenses.
View original language description ↓
Le banc villageois a été créé en 05 Décembre 2000 à l’occasion de son inauguration. Ce groupe composé de femmes qui sont issues du même village, très solidaire entre elles, ces femmes jouissent d’une très bonne entente et d’une réputation de femmes travailleuses. Elles ont comme activité principale le petit commerce et l’agriculture sous pluie.

Madame Antoinette (debout à droite avec une main levée), est l’emprunteuse vedette. Elle est âgée de 49 ans, est mariée et mère de 06 enfants dont 02 filles et 04 garçons. Elle est une femme très expérimentée dans l’activité dans la transformation de produits locaux, elle est aussi vendeuse de porcs dans sa commune et dans un pays frontalier. Elle achète de jeune porcs auprès des villageois les engraisse pendant une quarantaine de jours pour la revente à l’état ou faire des abattages à l’occasion des fêtes et autres cérémonies religieuses.

Avec son nouveau crédit elle va acheter en plus d’une dizaine de jeunes porcs, des sacs d’arachide non décortiqués à 10 000 F Cfa et payer 2 000 de frais de décorticage pour la transformation.

Les bénéfices tirés de son activité lui permettront d’accroître son épargne et de participer très activement à la gestion des charges du foyer.

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

  • $1,759
    Average annual income
  • 16
    View loans »
    Senegal Loans Fundraising
  • $12,848,050
    Funds lent in using Kiva
  • 484.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Antoinette's Group's $1,875 loan helped a member to purchase more than a dozen young pigs and sacks of unshelled peanuts and to cover the cost of shelling.
95% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 3, 2014
Listed
Jun 23, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015