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Ndiolle's Group
In this Group: Ndiolle, Fatou Sarr, Dieynaba, Saye, Laba, Mbacke
The 'banc villageois' to which this group of six women belong has been in existence since 2007. The members composing it live for the most part in the same village. They do commerce and raise livestock.

Dieynaba, who is standing at the right with her hand raised in the photo, is 43 years old, married, and the mother of five children, including two girls. With this loan, she is going to purchase 4 head of sheep at 50,000 francs each. Fattening them will take six months. So, to feed the animals, she will purchase 75,000 francs worth of feed. She is planning on a good price upon selling the sheep at 130,000 francs each. Sales are general made at the weekly markets in her town. With the profits, she envisions building a store or warehouse.
View original language description ↓
Le banc villageois dont fait parti ce groupe de 6 femmes existe depuis le 7 octobre 2007. Les membres qui le composent habitent pour la plupart dans le même village. Elles font du commerce et de l'embouche.
Dieynaba debout à droite de la photo et levant la main est âgée de 43 ans. Elle est mariée et mère de 5 enfants dont 2 filles.
Avec le prêt elle va acheter 4 moutons à raison de 50000f l'un. La durée de l'engraissement est prévue pour 6 mois. Ainsi pour bien nourrir les sujets, elle va acheter de l'aliment de bétail pour une valeur de 75000f. Elle compte avoir un bon prix à la vente, 130000f pour chacun. L'écoulement se fait en général dans les marchés hebdomadaires de la localité.
Elle envisage avec les bénéfices de construire un magasin de stockage.

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.

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About Senegal

  • $2,300
    Average annual income
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 470.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ndiolle's Group's $4,150 loan helped a member to purchase 4 head of sheep.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 26, 2014
Listed
Mar 21, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014