Funded

Total loan: $3,375
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Ndiang Montagne Group

Senegal
Senegal / Retail

A loan of $3,375 helped a member to buy fabric, shoes and clutch bags to resell.


Ndiang Montagne Group's story

The "Banc Villageois" Ndjang Montagne exists since December 15, 2008; the group PC 01 consists of 18 women who are friends, relatives, neighbors and have as a common link shopkeeping.

The featured borrower Coumba is 55 years old. She is a widow and mother to five children of whom the youngest is 23 years old. One of her daughters is married. She manages a business selling diverse items and capitalizes on a good experience of 4 years. She started with her first loan received from Caurie. In the photo, she is standing on the far right dressed in a large yellow boubou with flowers and is raising her left hand.

Coumba gets her merchandise (scarves, shoes, clutch bags...) to resell it in her neighborhood by selling door-to-door and from her home.

Her loan will allow her to buy 100,000 F of Khartoum fabric, 30,000 F of shoes, 30,000 F of clutch bags; transportation costs and miscellaneous expenses will make up her contribution.

The profits serve to save, and participate a bit in the expenses; the expenses of the family are the responsibility of her children who are all adults.

In this group: Ndeye Fatou*, Khadidiatou, Coumba, Marame, Aminta, Yacine, Binta, Adama, Fatou, Borso, Coumba Tacko , Ndiare, Sokhna, Awa, Seynabou, Awa, Fatou*, Khady
*not pictured

Translated from French by Kiva volunteer S Mason



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: August 13, 2012
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: August 13, 2012
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services