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Ndock's Group
In this Group: Ndock, Ndanty, Mbayang, Diayi, Yacine, Astou, Nogoye, Rocky, Anta, Rocky, Diouma, Tening, Astou, Tening, Nogoye, Seynabou, Ndeye, Fatou, Thiabou, Coumba, Khar, Manne, Saye
This group was created on December 13, 2008. It consists of members living in the same region and practicing the same business which is retail shopkeeping.

Sitting to the right of the photo and raising her hand, Ndock is the featured borrowed and is 60 years old. She is married and mother to 4 children of whom 3 are boys and 1 is a girl.

With the loan she received, she is going to buy packages of jumbo at 1,250 frs per 50 jumbo cubes, and onions at 500 frs per kg.

She resells a package of jumbo for 1,500 frs and a kg of onions for 650 frs.

The profits generated will be used to improve the living conditions of her offspring.
View original language description ↓

Ce groupe a été crée le 13 Décembre 2008. Il est composé de membres habitant la même localité et exerçant la même activité qu'est le petit commerce.

Assise à droite de la photo et levant la main, Ndock la vedette est âgée de 60 ans . Elle est mariée et mère de 04 enfants dont 03 garçons et 01 fille.

Avec le prêt reçu, elle va acheter des sachets de jumbo à 1250 frs l'unité de 50 jumbo, les oignons à 500 frs le kg .

elle revend le sachet de jumbo à 1 500 frs et le kg d'oignons est revendu à 650 frs.

Les bénéfices générés seront utilisés pour l'amélioration des 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

  • $2,300
    Average annual income
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,881,025
    Funds lent in using Kiva
  • 512.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ndock's Group's $2,775 loan helped a member to buy merchandise such as spice, onions and jumbo cubes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 13, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013