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Khady's Group
In this Group: Khady, Mbaya, Ndieya, Thioro, Issah, Seny, Rokhaya, Mame Dieng, Ndeye, Astou, Marietou, Rama, Seynabou, Dial, Mame Saye, Mame Anta, Bousso, Mbathio, Absa, Absa, Marie, Sokh, Maty Kane, Ndeye, Palla, Khady, Khady, Maguette, Mbery, Mareme, Fatim, Ndeye Fatou, Lota, Fatou, Oumy, Oumy, Aida, Maty, Khady, Ndoumbe, Fatou, Bousso, Fatou Bousso, Khoudia, Fama, Fatou, Marame, Mame Sokhna
This 'banc villageois' was created on 16th December 2013, and is made up of women who get on with one another very well, and all live in the same neighbourhood. Most of them work in retail, raising animals or dress-making.

Oumy (standing on the right, with her hand raised, in the photo) is 27 years old. She is married and has a daughter. She runs a shop in her neighbourhood, where she plans to sell rice, sugar and oil. She will buy a sack of rice for 13,500 francs CFA and resell it for 275 francs CFA per kilo, a sack of sugar for 21,000 francs CFA and resell it for 600 francs CFA per kilo, and a drum of oil for 15,500 francs CFA and resell it for 1,000 francs CFA per litre.

Oumy will use her profits to increase her savings and reinvest in her business.
View original language description ↓
Ce banc villageois a été crée le 16 décembre 2013. Il est constitué par des femmes qui habitent dans le même quartier et qui vivent de bonnes relations. Elles font principalement du commerce, de l’embouche et la couture comme activités génératrices de revenus.
Oumy debout à droite de la photo et levant la main pour se faire distinguer, est âgée de 27 ans. Elle est mariée et mère d’une fille.
Elle envisage de faire du commerce. Elle a une boutique dans le quartier où elle vive. Avec le prêt elle va acheter un sac de riz, à 13500f pour revendre le kilo à 275f. Elle achète un sac de sucre à 21000f pour vendre le kilo à 600f, un bidon d’huile à 15500f pour vendre le litre à 1000f.
Elle utilise les bénéfices pour renforcer son épargne et aussi réinvestir dans son commerce.

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

  • $2,300
    Average annual income
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,891,275
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Khady's Group's $5,150 loan helped a member to buy various food products for resale.
94% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 28, 2014
Listed
Aug 29, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015