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Mboyo's Group
In this Group: Mboyo*, Daba, Daba, Marieme , Ndeye, Diouga, Faty, Sala, Dioulde, Fatou Mor, Penda, Astou Khalifa, Sokhna, Maguette, Awa, Diary, Aminata, Ndeye Mareme, Faty, Gasse, Maimouna Amadou, Anta, Bane, Rokhy, Ndima, Deguene, Awa, Marieme
* not pictured
This group was created on December 21, 2009. The members composing it all live in the same town and have the same work, which is small-scale commerce.

In the photo, standing at the right with her hand raised, Ndèye, aged 26, is the featured borrower.

She is married and the mother of two children, a boy and a girl.

With her loan in hand, she is buying four 20-liter containers of oil, two 50-kg sacks of onions, two 50-kg sacks of sugar, a box of bouillon cubes, and two dozen containers of body lotion to resell.

With the profits generated from this business, she boosts her savings and pays the loan interest. The rest is used to improve her children's living conditions.
View original language description ↓

Le groupe a été crée le 21 Décembre 2009. Les membres qui le composent habitent la même localité et exercent la même activité qu'est le petit commerce.

Debout à droite de la photo et levant la main, la vedette Ndèye est âgée de 26 ans.

Elle est mariée et de 2 enfant dont une fille et un garçon.

Son prêt reçu, elle achète 4 bidons de 20 litres d'huile, 2 sacs de 50 kgs d’oignons, 2 sacs de 50 kgs de sucre 1 carton de bouillon 2 douzaines de boîtes de lait de corps pour revendre.

Avec les bénéfices générés par l'activité, elle renforce son épargne, paie ses intérêts pour une partie et avec l'autre elle améliore les conditions de vie de sa progéniture.

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 531.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mboyo's Group's $3,050 loan helped a member to buy oil, onions, spices, sugar, cookies, and cosmetic products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013