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Ngagne's Group
In this Group: Ngagne, Khady, Seynabou*, Aminata , Binta, Adama, Fatou, Fatou Ndiaye, Khady, Amy, Siny, Nekhou, Nogaye, Amy
* not pictured
This group was set up on 28th December 2009. The women live in the same village and are all active traders. Amy was born on 20th April 1971 and is married with five daughters, the eldest of whom is 20 years old, as well as a son of 18. She sells ready-to-wear clothing and medium-range jewelry. She goes to the capital to buy her goods and sells them in the village. With the profits she makes she helps her husband to pay for the children's schooling and the daily household expenses. She is standing on the far right of the photo and wearing a yellow shawl.
View original language description ↓
le groupe a était crée le 28/12/2009.les femmes habitent le même village et s'activent toute dans le commerce.
Amy est née le 20/04/1971 elle est mariée et mère de 5 filles dont la plus grande a 20 ans et 1 garçon de 18 ans. elle fait du commerce de prêt a porter et de bijoux de qualité moyenne. Elle part à la capital pour acheter sa marchandise et vient vendre au village.Avec ses bénéfice elle aide son marie en payant la scolarité de ses enfants ainsi que les petites dépenses journalières de la maison.elle est a l’extrême droite de la photo avec une écharpe jaune.

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
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,550
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ngagne's Group's $2,000 loan helped a member to buy 50,000 francs worth of ready-to-wear clothing (2500 per "boubou").
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 20, 2013