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Mame's Group
In this Group: Mame, Tenning, Nogoye
This Banc Villageois was established on December 12, 2009. It regroups members who maintain good relationships, and whose business is retail.

This group of three people is part of this Banc Villageois, and its featured borrower is Nogoye. She's the woman raising her hand in the photograph in order to be told apart. She's 34 years old, married, and the mother of seven children, two of them boys.

With her loan, she foresees buying cereals to resell and raising livestock. She will buy four sheep costing XOF 50'000 each, that she will resell for XOF 85'000 each.

She will also breed chicken and goats. Regarding her cereal business, she will buy 160 kg of millet for XOF 225 per kg, and resell it for XOF 300 per kg. She intends to use her profit to bolster her savings cover her children's healthcare expenses.
View original language description ↓
Ce banc villageois qui a été crée le 12 décembre 2009 regroupe des membres qui entretiennent de bonnes relations et font comme activité le commerce. Ce groupe de 3 fait parti de ce banc et a comme vedette Nogoye.Sur la photo, elle est en position debout et a levé la main pour se faire distinguer. Elle est âgée de 34 ans. Elle est mariée et mère de 7 enfants dont 2 garçons.
Avec le prêt elle envisage de faire du commerce de céréales et de l'embouche. Elle va acheter 4 moutons à 50000f chacun pour revendre à 85000f. Elle va élever aussi des poules des chèvres. Concernant la vente de céréales elle va acheter 160kg de mil à 225 le kg pour le revendre à 300f le kg.
Elle compte renforcer son épargne avec ses bénéfices et prendre en charges les frais médicaux de ses enfants.

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

  • $2,300
    Average annual income
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 477.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mame's Group's $1,850 loan helped a member to buy millet, black-eyed peas, hibiscus, and sheep.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 14, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014