Ngone Bathily


Status: Paying Back

$575.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Ngone Bathily
Location: Dakar, Senegal
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $575.00
Loan Use: To build rooms for rent
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 5, 2009
Date Disbursed: Oct 28, 2009
Date Funded:Nov 5, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:445.4506 XOF = 1 USD



Ms. Ngone Bathily has been a member of the Ouakam fund for about ten years. She is a dynamic woman who has collaborated positively with the fund. She has even managed to get all her children to join the fund. She has already benefited from four previous loans that allowed her to build, in stages, some rooms that are destined to be rented out. Currently, she has six rooms that provide her with income. The house that contains these rooms was passed down to her from her parents. She is a widow who has one young child in her care, as well as her mother. The rest of her children are grown up. The goal of this loan is to build more rooms, which will allow her to increase her income and improve her family's living conditions. In this way, she will be able to strengthen her savings and, in times of need, resolve occasional problems.

Translated from French by Vilas Menon, Kiva Volunteer


Madame Ngone Bathily est membre de la caisse de OUAKAM DEPUIS UNE dizaine d années.C est une femme dynamique qui collabore positivement avec la caisse.Elle est même parvenu a faire adhérer tous ses enfants a la caisse.Elle a déjà bénéficié de 4 crédits qui lui ont permis de construire étape par étape des chambres qui sont destines a la location.Actuellement elle dispose de 6 chambres qui lui génère des revenus.La maison qui abrite ces chambres lui a été acquise par héritage de ses parents.C est une veuve qui a en charge un enfant mineur ainsi que sa mère.Le reste de ses enfants sont majeurs.L objet de son crédit est la construction de chambres qui lui permettront d accroitre ses revenus et d améliorer les conditions de vie de sa famille.Ainsi elle pourra renforcer son épargne et en cas de besoin résoudre les problèmes ponctuels.




About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Ngone Bathily


Loan has been disbursed
 
Entrepreneur: Ngone Bathily
Location: Dakar, Senegal

Thank you for your loan. It has been disbursed to Ngone Bathily by UIMCEC, a partner of ChildFund International in Senegal. We are excited to watch this business grow. Over the 12 months of this loan, UIMCEC, a partner of ChildFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dakar, Senegal
Nov 6, 2009
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Kiva Help Repayment Schedule for Ngone Bathily

  Expected Repayments Actual Repayments Comments
February 2010 $47.92 Available Feb 1  
March 2010 $47.91 Available Mar 1  
April 2010 $47.92 Available Apr 1  
May 2010 $47.92 Available May 1  
June 2010 $47.91 Available Jun 1  
July 2010 $47.92 Available Jul 1  
August 2010 $47.92 Available Aug 1  
September 2010 $47.91 Available Sep 1  
October 2010 $47.92 Available Oct 1  
November 2010 $47.92 Available Nov 1  
December 2010 $47.91 Available Dec 1  
January 2011 $47.92 Available Jan 1