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30%

funded

7 days left

$1,175.00 to go

Total loan: $1,700

01_Meouane Group

Senegal / Home Products Sales

A loan of $1,700 helps a member to buy cleaning products.

01_Meouane Group's story

This "banc villageois" was established in December 2011 and groups together 3 women who live in the same village. They have repaid over 10 loans without difficulty. Their main business is retail.

38-year-old Aïda, the group representative, is standing on the left of the picture and raising her hand. She is married and the mother of 6 children, 5 boys and one girl who all attend school.

Aïda sells cleaning products which she gets at the market in town and resells in her village. She has been in this line of work for 6 years. She plans to use her loan to buy bars of soap, soap powder, liquid soap, bleach, and bleaching products which she will sell door-to-door.

She plans to use her profits to strengthen her business and contribute to the family expenses (food, healthcare), as well as to build her savings with the "banc villageois".

Her profits enable her to meet her needs, to contribute to tontines, and to cover some of her children's expenses.

In this group: Aïda, Maty, Nogoye

Translated from French. View original language description.

Ce Banc Villageois créé en décembre 2011 regroupe ces trois femmes qui habitent le même village. Elles ont remboursé plus de 10 prêts sans difficultés.Leur activité dominante est le commerce. La dame Aïda a 38 ans elle est la représentante, debout à gauche sur la photo et la main levée. Elle est mariée et mère de six enfants: cinq garçons et une fille et qui sont tous scolarisés. Aïda mène une activité de vente de produits de nettoyage,elle s'approvisionne au marché de la ville et revend dans son village.Elle capitalise une expérience de 6 années dans ce secteur. Avec son crédit elle va acheter du savon en morceaux, du savon en poudre, du savon liquide, de l'eau de javel, du bleu et des produits de blanchissement qu'elle va écouler en faisant du porte à porte. Ses bénéfices lui permettent de subvenir à ses besoins,de cotiser à des tontines et à prendre en charge certaines dépenses de ses enfants.

This loan is special because:

It empowers women in rural Senegal.

Manon Genouille, Kiva staff

Manon Genouille
Kiva staff

More about this loan

This loan is going to a borrower or borrower group living in a rural area.

About CAURIE Microfinance:

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.