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Mohamed Aïdara Group
In this Group: Fagueye, Oumou Khaïry, Khady, Yacine, Yande, Maïmouna, Bineta, Khady, Anna*
* not pictured
The 'Mohamed Aïdara' community bank was formed on July 7th, 2011. The group has nine female members whose common link is small business and the fact that they live in the same neighborhood.

Faguéye is the group's leader. She is 39 years old, married, and has two children. She also cares for her great nephew (the child of her niece). She has been weaving mats for 15 years. She also raises animals and has a lot of experience. Faguéye joined her community bank during their second loan cycle and replaced the previous head of the bank who resigned. She is standing on the far right in the photo. She is dressed in white and green and is wearing a black sweater. She is raising her right hand.

Faguéye's loan will be used to buy sheep in the weekly market. She will resell them after 4 or 5 months and make good profits before her repayment is due.

Faguéye contributes towards her family expenses in order to help her husband. She hopes to add to her savings with the profits she makes.
View original language description ↓
Le groupe de solidarité Mohamed Aïdara existe depuis le 7 juillet 2011; il est composé de neuf femmes qui ont pour lien commun le petit commerce et elles habitent le même quartier.

Faguéye la responsable du groupe est âgée de 39 ans, elle est mariée mère de deux enfants et a en charge son petit fils ( enfant de sa nièce). Elle tisse des nattes depuis plus de 15 ans,et fait de l'embouche aussi; elle a une bonne expérience. Elle a rejoint le banc villageois au cycle 2 et a remplacé l'ancienne responsable qui a démissionné;sur la photo elle est debout à l'extrême habillée en blanc vert avec un pull noir et a levé la main droite

Son prêt lui servira à acheter des moutons au marché hebdomadaire pour embouche et à revendre après 4 ou 5 mois pour se faire de bons revenus avant le remboursement.

Elle participe aux dépenses familiales pour aider son mari. Elle souhaite également constituer son épargne avec les bénéfices obtenus.

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.

About Senegal

  • $2,300
    Average annual income
  • 0
    View loans »
    Senegal Loans Fundraising
  • $15,265,150
    Funds lent in using Kiva
  • 503.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD