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Fatoumata's Group
In this Group: Fatoumata, Ansata Souleymane, Oumou , Mariama, Kadiatou Doulla, Hadiango
This group was established on 2 December 2002 on the same day as the inauguration of the banc villageois. It is made up of women who are interested in working, and they have a lot of experience with the banc villageois system. They all come from the same village and engage in small-scale commerce.

Fatoumata (seated on the far right) is the featured borrower of the group. She is 69 years old, but despite her age she is very dynamic. She is also the representative of the banc villageois. She is married and a mother of eight children (five boys and three girls). She also takes care of eight of her nephews.

Fatoumata is a retailer, managing a shop in the village, where she sells rice, powdered milk, sugar, and other condiments. She has been doing this for more than ten years. With this loan she plans to buy three sacs of rice at 13,000 francs CFA a piece and three 20-liter drums of palm oil at 20,000 francs CFA each, plus pay the costs for transport which are 350 francs CFA per sac.

She will repeat this cycle as many times as possible during the month. Earnings from this business will allow her to save some and help her husband, who is very old, take care of the family as a whole. She also hopes to build [a house] this year.
View original language description ↓
Le groupe est créé le 02 Décembre 2002 au jour de l’inauguration du banc villageois. Il est composé de femmes très attachées au culte du travail, elles jouissent d’une très bonne expérience dans le système des bancs villageois. Elles sont toutes issues du même Village. Elles ont comme activité principale le petit commerce.

Madame Fatoumata (assise à l’extrême droite en médaillons en bas), est l’emprunteuse vedette du groupe. Elle est âgée de 69 ans, malgré son âge avancée c’est une femme très dynamique, elle est aussi la personne morale du banc villageois, mariée et mère de 08 enfants (05 garçons et 03 filles) elle prend aussi en charge 08 de ses neveux. Elle est vendeuse détaillante, actuellement elle est gérante d’une boutique au village ou elle vend du riz, lait en poudre, sucre et autres condiments. Cette activité elle l’a pratique depuis plus de dix ans.

Avec ce prêt elle compte s’approvisionner en riz pour trois sacs à 13 000 FCFA trois bidons de vingt litre d’huile de palm à 20 000 FCFA le bidon transport payé à la charge en raison de 350 FCFA par sac. Cette activité est renouvelée au tant de fois possible durant le mois.

Les bénéfices de son activité lui permettront d’épargner en partie et de soutenir son mari en âge très avancée dans la prise en charge de la famille dans son ensemble et envisage construire cette année.

Additional Information

More information about this loan

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

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
  • $15,221,925
    Funds lent in using Kiva
  • 485.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD