Check out some available loans that are similar to this one!
Ngone's Group
In this Group: Ngone, Aicha, Assietou, Sokhna, Sokhna, Nogoye, Khady*, Ouleye, Binta, Lala, Dieynaba, Daro, Awa, Aminata, Amy, Amy, Maty, Coumba Dede, Ngone, Amy, Awa, Mame Issa, Seny
* not pictured
This group of 23 women has been a member of the village lending group (banc villageois) since its first cycle. The women are united through good personal and business relations. The leader, Madame Ngone, is a 43 year old married women and mother of six children (2 girls and 4 boys).
She has been working in the fruit selling business for now nearly a dozen years and has good experience in this area.
She is standing up at the right of the photo, with her hand raised and dressed in a brown boubou.
Her new loan of 50,000 XOF will allow her to buy baskets of oranges, mandarins, and watermelons that she is going to resell retail at the bus station at the city's edge.
The profits she makes in her business will allow her to pay for school fees, medical fees, and to feed her children.
Ce groupe de 23 femmes a intégré le banc villageois depuis son cycle premier et elles sont unies par de bonnes relations sociales et professionnelles.
La responsable madame Nogone est une femme mariée âgée de 43 ans et mère de 6 enfants dont 2 filles et 4 garçons.
Elle s'active dans le commerce de fruits depuis bientôt une dizaine d'années et dispose d'une bonne expérience dans ce domaine.
Elle est debout à droite de la photo la photo la main levée et habillée en boubou marron.
Son nouveau crédit de 50,000 francs cfa lui permettra d'acheter des paniers d'oranges, de mandarines et de pastèques qu'elle va revendre au détail au niveau de la gare routière à la sortie de la ville.
Les bénéfices réalisés par son activité lui permettront de payer les fournitures scolaires,les frais médicaux et alimentaires de ses enfants.

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
  • $12,994,300
    Funds lent in using Kiva
  • 501.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ngone's Group's $3,375 loan helped a member to buy fruit to develop her business,.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 2, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013