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Nene Galle's Group
In this Group: Nene Galle, Mariama, Aissatou, Kara, Kadiatou Malado, Dienaba Khady, Idiatou, Binta*, Mame Samou, Bintou, Aminata, Awa, Binta, Fatou, Amy, Binta
* not pictured
Established on January 14, 1998, the "banc villageois" is made up of women who are very committed to develop their money-earning businesses. They all live in the same neighborhood and have been maintaining good-neighborly relations for a long time. Furthermore, most of them have vast experience of the "banc villageois" system.

Mrs. Néné Gallé (at the far right in the sitting row) is the group's featured borrower. She's married and the mother of one boy and one girl. She sells local products such as palm oil, peanut paste, and "néttétou" (a local seasoning).

She buys products wholesale and then send them to her daughter, who is married and lives in a central region, to resell them over a one-month period. Her new loan will enable her to buy 4 cans of palm oil, 2 baskets of 30 kg of "néttétou", and a few sacks of charcoal to resell.

Her profits will be mainly used to support her husband in taking sanitary care of their sick son.
View original language description ↓
Créer le 14 janvier 1998, le banc villageois est composé de femmes très engagées dans le développement d’activités génératrices de revenus. Tous membres du groupement du vivent dans le même quartier et entretiennent des relations séculaires de bon voisinage. De plus elles ont en majorité une grande expérience du système des bancs villageois.

Madame Néné Gallé (assise à l’extrême droite), est l’emprunteuse vedette de ce groupe. Mariée et mère d’un garçon et d’une fille. C’est une dame qui s’active dans la vente de produits du terroir tels que l’huile de palme, la patte d’arachide et le « néttétou » assaisonnement local. Elle achète en gros pour l’envoyer à sa fille mariée dans une région du central pour la revente par placement d’un mois.

Son nouveau prêt lui permettra d’acheter 04 bidons d’huile palme, 02 paniers de 30 kilos de « néttétou » et quels que sacs de charbon pour la revente.

Les bénéfices serviront en grande parti à soutenir son mari dans la prise en charge sanitaire de son fils malade.

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
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 491.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nene Galle's Group's $3,350 loan helped a member to buy 4 cans of palm oil, 2 baskets of 30 kg of "néttétou" (local seasoning), and a few sacks of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 3, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014