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Binta  Ba's Group
In this Group: Binta Ba , Mbayang, Kine, Yamouna, Ndoumbe, Sophie , Khady*, Codou
* not pictured
This group was set up on 13th December 2008 and is made up of women who all live in the commune and get on well together.

Ndoumbé, who is the 38-year old star of the group, is standing on the right of the photo with her hand raised. She is married and mother to five daughters and two sons.

Once her loan is granted she will buy 10 kg of incense, ten packs of perfume, ten pairs of shoes, five to ten 100kg barrels of groundnut and millet to resell at the weekly markets.

With the profits she makes from her business, she can improve her family's living conditions by paying her children's schooling costs but also by boosting her savings and repaying the interest on her loan.
View original language description ↓

Le groupe a été crée le 13 décembre 2008. Il est composé de femmes habitant toutes la commune et entretenant de bonnes relations.

Debout à droite de la photo et levant la main, la vedette Ndoumbé est âgée de 38 ans. Elle est mariée et mère de 5 filles et 2 garçons.

Son prêt reçu, elle achète 10 kgs d'encens, une dizaine de paquets de parfums, des dizaines de paires de chaussures, 5 à 10 fûts de 100 kgs d'arachide et de mil pour revendre dans les marchés hebdomadaires.

Avec les bénéfices générés par son activité, elle améliore les conditions de vie de sa progéniture en payant les frais de scolarité de ses enfants mais également renforce ses épargnes et paie ses intérêts.

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
  • 43
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Binta Ba's Group's $5,350 loan helped a member to buy incense, perfumes, shoes, groundnut and millet for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 13, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013