Funded

Total loan: $3,150
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Clémence's Group

Senegal
Senegal / Grocery Store

A loan of $3,150 helped a member to buy 5 20-liter cans of cooking oil and 5 bags of sugar.


Clémence's Group's story

This group was established on April 17, 2010. It is made up of women from the same village or the ones surrounding it. They get along well and their main business is retail.

Clémence, age 47, is the featured borrower of the group. She's the woman standing on the right and raising her hand in the photograph. She's married and the mother of seven children, three of them girls.

Once she gets her loan, she will buy five cans of cooking oil costing XOF 17'000 each and five bags of sugar (XOF 25'000 each), to retail at her shop in the village. Her retail prices are XOF 1'000 for one liter of cooking oil, and XOF 700 for one kg of sugar.

With her profits, she supports her children's school expenses and buy school supplies. She also strengthen her savings.

In this group: Clémence , Hélène , Astou Cheikh , Poulo , Khémesse Wagane
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Patrick Stadelmann



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: January 31, 2014
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: January 31, 2014
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services