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Faty Mu Ndaw's Group
In this Group: Faty Mu Ndaw, Thieneba, Faty, Anta, Mbatho *, Mbintou, Mame Penda, Khady, Khoudia, Awa, Fatou, Mbene, Khady, Fatou, Yacine, Anta *, Khady *
* not pictured
This group consists of 17 members who live in the same village and work in trade. They are represented by Faty Mu Ndaw, a 39-year-old married woman with four children in her care, two boys and two girls. She sells incense and soap. In the photo, she is standing at the far right with a lovely smile and her left hand raised. She plans to purchase 25,000F worth of incense and 35,000F worth of soap. She will use her profits to bolster her savings, and someday build a small store.
Ce groupe est composé de 17 membres qui habitent le même village et font comme activité le commerce.Fatou Mu Ndaw la responsable du groupe est mariée; âgée de 39 ans elle en charge 04 enfants dont 02 filles et 02 garçons. Elle s'active dans le commerce de savon,d'encens. Elle est debout à droite avec un beau sourire et a levé la main gauche. Elle compte acheter pour 25000F d'encens et le reste 35000F du savon. Avec le bénéfice elle va renforcer son épargne, économiser pour pouvoir construire une petite boutique.

Additional Information

More information about this loan

This loan is going to a borrower or borrower group living in a rural area.

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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Faty Mu Ndaw's Group's $2,750 loan helped a member to buy incense and soap for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 7, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013