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Coumba Yero's Group
In this Group: Coumba Yero, Mariama Cire, Madioula, Monde, Binta Thierno, Hawa, Diarry, Raby, Raby, Binta, Kabadie, Koumbel, Diaryatou, Nioufoura, Hassanatou, Kadiatou, Mariama, Assiyatou, Ansata , Aissatou, Voury, Oumou, Sira, Aissatou Bailo
This group was established on the 27th of June 2008, when the "banc villageois" was inaugurated. It is composed of women who, despite the isolation of the village, have managed to be part of the program for five years and acquire a solid experience in the system. They all live in the same village and do small-scale commerce and rainy season agriculture.

Madame Coumba (standing on the far right) is the leader of the group. She is 49, married, and the mother of seven children. She sells vegetables, smoked fish, peanut butter, and various condiments that she buys from big distributors to resell in the village and at weekly markets in neighboring villages.

Her new loan will allow her to buy a basket of smoked fish for 25,000 f CFA and various vegetables for resale. The profit will permit her to share in covering the needs of the family on the one hand, and grow her savings on the other.
View original language description ↓
Le groupe a été mise en place le 27 Juin 2008 lors l’inauguration du banc villageois. Il est composé femmes qui malgré enclavement du village ont su faire plus de 05 ans dans le programme et acquérir une solide expérience dans le système. Elles habitent toutes le même village. Elles font toutes le petit commerce et l’agriculture sous pluie.

Madame Coumba (debout à l’extrême droite) est responsable du groupe. Elle est âgée de 49 ans, mariée et mère de sept enfants. Elle est vendeuse de légumes, de poissons fumés, de pâte d’arachide et divers condiments qu’elle achète auprès de grands distributeurs pour la revente au détail dans son village et à l’occasion des marchés hebdomadaires des villages environnants.

Son nouveau prêt lui permettra d’acheter un panier de poissons fumés à 25 000 Fr CFA, et divers légumes pour la revente.

Les bénéfices lui permettront de participer activement à la prise en charge des besoins de la famille d’une part et d’autre part à accroître son épargne.

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
  • 47
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Coumba Yero's Group's $3,375 loan helped a member to buy a basket of smoked fish for 25,000 CFA and various vegetables, all for resale.
92% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 4, 2014
Listed
Jul 21, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015