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Ndama's Group
In this Group: Ndama, Daba, Faty, Khardiata, Eugue, Maimouna, Aissata, Awa, Sokhna Ibou, Amy, Sophie, Coumba, Ndeye, Rouguy, Boye, Bineta, Aissata Diouma, Maty, Boury, Woury, Mariama, Fatimata, Faty, Bigue*, Egue, Khardiata Dj
* not pictured
This 26-member group belongs to the banc villageois which was created on 22nd October 2012. This banc groups together members who live in the same village and members who live in the surrounding areas. Most of these women work in retail and raising livestock. They all work together harmoniously.

Ndeye, the woman standing to the right of the photo with her hand raised, is 37 years old. She is a married mother to eight children.

With this loan, she is planning on selling fish and peanuts during the winter seasons. She plans on purchasing 100 kg of peants at 400FCFA/kg for the seeds. She will also purchase 30,000 FCFA's worth of fish per day, which will give her a profit of 10,000 FCFA per day. This will allow her to support her husband in providing for their family.
View original language description ↓
Ce groupe de 26, fait parti du banc villageois qui a été crée le 22 octobre 2012. Ce banc regroupe des membres qui habitent le même village et ceux des environs. La plupart des femmes font le commerce et l’embouche. Une bonne entente règne entre elles.
Ndeye debout à droite de la photo et levant la main, est âgée de 37 ans. Elle est mariée et mère de 8 enfants.
Avec le prêt elle envisage de faire du commerce de poisson et pendant l’hivernage de l’agriculture. Ainsi elle compte acheter 100kg d’arachide à 400f le kg pour semences. Elle va aussi acheter du poisson pour une valeur de 30000f par jour, elle va avoir un bénéfice de 10000f jour. Ce dernier va lui permettre de soutenir son mari dans la prise en charge des besoins de la famille.

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

  • $1,759
    Average annual income
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Ndama's Group's $4,250 loan helped a member to purchase peanuts and fish.
94% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 18, 2014
Listed
Jul 3, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015