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Mgbomane Group
In this Group: Madeleine, Pauline, Anna, Monique, Lucie, Marie, Miliane, Philomene, Cecile, Marie Brigitte, Virginie, Augustine, Georgette*, Antoinette
* not pictured
This solidarity group was created on March 13, 2001. It comprises fourteen women who live in the same district. Their main business involves commerce.

Ms. Lucie Ndèye, at the right in the photo with her hand raised, is the group's official. She is 65 years old, married, and the mother of eight children. She also supports two other children, who are her grandchildren.

Ms. Lucie Ndèye is active in selling cloth. She has good experience in this business domain which she has been working at for several years.

This loan will enable her to bolster her capital and to develop her business further.

The profits will allow her to improve her family's living conditions (health care, food, clothing, etc....) and to increase her savings.
View original language description ↓
Le groupe de solidarité est créé le 24 Mars 2001. Il est constitué de 14 femmes qui habitent le même quartier. Leur activité principale est le commerce.
Madame Lucie Ndèye qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 65 ans. Elle est mariée et mère de 08 enfants. Elle a aussi en sa charge 02 autre enfants qui sont ses petits enfants.
Elle s’active dans la vente de tissus. Elle a une bonne expérience dans ce domaine d’activité, qu’elle pratique depuis plusieurs années.
Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.
Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.

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

  • $1,759
    Average annual income
  • 28
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 498.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mgbomane Group's $3,500 loan helped a member to buy cloth.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 17, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012