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Awa's Group
In this Group: Awa, Mouskeba, Oumy, Adama
Created on 10 December 2012, the banc villageois is made up of women who desire to make their businesses prosper. The group members have a good connection, and they all have just started their fourth cycle in the program. The women live in the same area and all work in small-scale commerce and the production of local goods.

Awa is a young, very dynamic woman, who has seen her business improve since joining the program. She runs a small restaurant in a busy alley, where she serves various meals and juice made from local products.

For the dinner service, she buys black-eyed peas for 600 francs a kilogram, green peas for 1,000 francs a kilogram, packages of spaghetti for 250 francs each, and meat for 2,000 francs a kilogram.

With this new loan, she plans to procure 15 kilograms of black-eyed peas, 20 kilograms of green peas, a box of 24 packages of spaghetti, and other ingredients.

Earnings, in addition to support from her parents, allow her to have the financial independence to take care of her needs.
View original language description ↓
Créer le 10 Décembre 2012, le banc villageois est composé de femmes très désireuses de faire prospérer leurs activités génératrices de revenu. Il existe une bonne connexion entre les membres du groupe, elles viennent d’entamer leur quatrième cycle dans le programme des bancs villageois. Elles habitent toutes le même quartier et s’activent principalement dans le petit commerce et la transformation de produits locaux.

Madame Awa est une jeune dame très dynamique, qui connait une nette amélioration de son activité depuis son adhésion au programme. Elle tient une gargote dans une allée très fréquentée où elle sert divers plats et jus à base de produits locaux. Pour se faire elle achète du niébé pour 600 Fr le kg, du petit pois à 1 000 Fr le kg, des paquets de spaghetti à 250 Fr l’unité et de la viande à 2 000 Fr le kg et prépare pour le service au soir.

Avec son nouveau prêt, elle compte s’approvisionner en quantité en niébé, petit pois respectivement 15 et 20 kg un carton de 24 paquets de spaghetti et divers ingrédients.

Ses bénéfices, en plus de soutenir ses parents lui permettront d’avoir une indépendance financière pour la satisfaction de ses 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.

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About Senegal

  • $1,759
    Average annual income
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Awa's Group's $2,450 loan helped a member to buy black-eyed peas, green peas, spaghetti, and other ingredients.
94% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 8, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015