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Bougnadou Group
In this Group: Ramatoulaye, Mouskeba, Niana, Diontang, Ntoty, Fatou, Sounkarba, Banna, Anta, Mouskoye, Fatoumata Binta, Satou, Kitime, Moussolouba, Kany, Dienaba, Satou, Kady, Mouskeba, Yaye, Sire
This [group] has been created on December 12, 2011, the day the local banc villageois was opened. The group is now composed of 21 women who have a strong sense of solidarity and all live in the same village. Most of them work as vendors. Mrs. Fatoumata (seated on the far right raising her right hand) is a star borrower. She is 20 years old and married, without children. She manages a store in the village. With this loan, she will buy three bags of rice at 13,500 West African francs and a bag of sugar at 30,000 francs. The resale price of these products is 360 and 650 West African francs per kilogram, respectively. This new loan will allow her to purchase in high quantity and thus save on the cost of multiple trips. The revenues derived from her business will allow her to build up her savings, with the future goal of getting bigger loans, being able to better finance her business and improving her life conditions.
View original language description ↓
Le banc villageois est créé le 12 Décembre 2011 au jour de son inauguration. Composé actuellement de 21 femmes qui sont très solidaires, elles vivent toutes dans le même village. Elles pratiquent dans leur majorité le petit commerce.

Madame Fatoumata (assise à l’extrême droite avec la main droite levée), est l’emprunteuse vedette. Elle est âgée de 20 ans, est mariée sans enfant. Elle gère une boutique dans le village, avec ce prêt elle va acheter 03 sacs de riz à 13 500 FCFA et un sac de sucre à 30 000. Le prix de vente de ces produits est respectivement de 360 et 650 FCFA le kilogramme.

Ce nouveau prêt va lui permettre d’acheter en quantité ainsi réduire les frais de transport liés aux déplacements répétitifs.

Les bénéfices qui découleront de ses activités lui permettront en plus d’accroître son épargne dans la perspective d’avoir un crédit plus considérable, d’améliorer sa capacité de financement et ses conditions de vie.

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
  • 23
    View loans »
    Senegal Loans Fundraising
  • $14,746,575
    Funds lent in using Kiva
  • 536.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bougnadou Group's $2,275 loan helped a member to buy three bags of rice at 13,500 West African francs and a bag of sugar at 30,000 francs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 23, 2012
Jul 14, 2012
Currency Exchange Loss:
Jan 15, 2013