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Nema 2 Group
In this Group: Augustine, Eugenie, Marcelle, Cecile
The "banc villageois" Nema 2 was founded on 24th March 2001. Madame Cécile is the representative for the Nghatamane Group. The group's name means 'to help one another, to work for success'.

Madame Cécile is 57 years old, a divorcée and mother to 4 children. All the members of the Nghatamane group have the same aim, to be successful with their businesses. They have always repaid their loans without any problems. Madame Cécile's principal business is the sale of vegetables such as carrots, cabbages and tomatoes. She buys her stocks in Dakar and she has operated this business for more than 13 years. Her earnings pay for her rent, water, electricity, food, etc. She also has a savings account.
View original language description ↓
LE BANC VILLAGEOIS DE NEMA 2 A ÉTÉ INAUGURE LE 24 MARS 2001. LA REPRÉSENTE MADAME CÉCILE, DIVORCEE ET MÈRE DE 4 ENFANTS EST MEMBRE DU GROUPE DE SOLIDARITÉ NOMME NGHATAMANE QUI SIGNIFIE S'ENTRE AIDER, TRAVAILLER POUR RÉUSSIR. ET LES MEMBRES DE CE GROUPE ONT CETTE MÊME VOCATION RÉUSSIR DANS LEURS ACTIVITÉS ET ELLES REMBOURSENT LEURS PRÊTS SANS DIFFICULTÉS. MADAME CÉCILE EST AGE DE 57 ANS ET ELLE S'EXERCE COMME ACTIVITÉ PRINCIPALE LE COMMERCE DES LÉGUMES COMME VENTE DE CAROTTES , CHOUX, TOMATE... ELLE S'APPROVISIONNE A DAKAR ET ELLE MENÉ CETTE ACTIVITÉ DEPUIS PLUS DE 13 ANS. SES BÉNÉFICES LUI SERVENT LE PAIEMENT DE SA LOCATION, L'EAU, ÉLECTRICITÉ, LA NOURRITURE ETC... MAIS ELLE A ÉGALEMENT OUVERT UN COMPTE POUR DE L’ÉPARGNE.

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.

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About Senegal

  • $1,759
    Average annual income
  • 47
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 484.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nema 2 Group's $2,500 loan helped a member to buy vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 1, 2013
Listed
Oct 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014