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Ngenth Case Foyer Group
In this Group: Mareme , Ndeye Touty , Fatou
This group is part of a Banc Villageois that was created 01/12/2008. It consists of three women who live in the same neighborhood, who practice commercial activities, and who share a good social bond. They are represented by Mareme, seen on the left in the photo and wearing a white scarf.
Mareme is married with five children aged 19 to 34, two girls and three boys. She sells fabrics and home furniture, and she runs a large store at the market.

Mareme plans to use her loan to bolster her stock by buying one bolt of wax fabric for 360,000f. She works with her eldest daughter who travels abroad to buy high-quality fabrics.

Mareme uses her profits to buy undeveloped lands and expensive jewelry as a way of investing money, and she pays for her daughter’s fare when travelling on business.
le banc villageois dont fait partie ce groupe a été créé le 01/12/2008. Il est composé de 3 femmes qui habitent le même quartier et font toutes le commerce,elles ont une bonne cohésion sociale. Mareme est la représentante du groupe et est placée à gauche de la photo avec une écharpe blanche. Elle est mariée et mère de 5 enfants dont 2 filles et trois garçons qui ont entre 34 et 19 ans.Elle fait du commerce de tissu et de meuble de maison.elle a une grande boutique au marché.Avec son prêt elle compte renforcer son stock en achetant un rouleau de tissu wax à 360000f.Elle travaille avec sa fille ainé qui part dans les autres pays pour acheter les tissu de bonne qualité.
Avec ses bénéfices elle Achète des terrain nues pour garder son argent;elle a acheter le billet de sa fille qui voyage pour faire du commerce;elle achète aussi des bijoux de valeur pour garder son argent.

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.

About Senegal

  • $1,759
    Average annual income
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 490.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ngenth Case Foyer Group's $2,175 loan helped a member to buy one bolt of wax fabric for 360,000F.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 6, 2013
Listed
Aug 30, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014