AgriFunds

CAURIE was created in 1999 as a Microfinance Program between CRS1 and Caritas Senegal, becoming a supervised savings & credit cooperative in 2009. In less than 23 years, it has become the leading Microfinance Institution in social innovation (>85,000 borrowers), developing a unique “Village Banking (BVL)” group methodology to reach vulnerable women (87% borrowers; 44% live in poverty) in remote rural areas (63% clients) across 13 of 14 regions in Senegal.