Funded

Total loan: $1,000
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Binta

Senegal
Senegal / Retail

A loan of $1,000 helped to buy merchandise (cell phones to resell).


Binta's story

Madam Binta is a 28-year-old married woman and mother to a little boy.

She has been a member of the "banc villageois" since the 9th cycle of the said "banc villageois." She is part of the solidarity group Bokk jom.

She is active in shopkeeping, more precisely in the sale of cell phones. Madam Binta has good experience in this sector from having worked in it for 10 years.

With her new loan of 500,000 Francs CFA, she is going to buy phones that she will resell with her husband's help. He has been helping with her business that generates income for a long time.

With the help of the profits generated by her business she is going to take care of certain family needs.

Translated from French by Kiva volunteer S Mason



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: February 2, 2012
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: February 2, 2012
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services