A loan of $1,450 helped a member increase the group's ability to self-finance.

Bayana Group's story

The « BAYANA » solidarity group was formed in October 2002, at the same time as the « Banc Villageois » that shares its name. It is comprised of eight women from the same village, with an average age of 35 and having at least four children. They run various businesses, such as selling fruit, selling vegetables, and selling cashews.

In order to increase their investment capacity and thus their income, the group decided eight years ago to join the microfinance institution CAURIE-MF. Nearly every one of them has received seventeen loans. Their energy and bravery has led to a good amount of savings, approximately 65% of their outstanding loans.

The president of the group, Oudé M., is 41 years old, married and mother of nine children. She also takes care of four other children who have been given to her by friends and relatives. She sells fruits and vegetables. Her new loan would allow her to increase her investment capital in order to have more income and meet various family needs.

The women, in addition to paying regularly on their loans and making monthly savings deposits, help to pay the various expenses of their respective families.

In this group: Mariama, Combé, Sadio, Amy Penda, Khady, Sadio, Ansata, Oudé

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Translated from French by Kiva volunteer Robin Clochard

Loan details

Lenders and lending teams

Loan details