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Serigne Mansour Group
In this Group: Soda , Ndèye Maïmouna, Marième, Ndèye Fall, Awa, Aminata, Binta , Ndèye Maty, Ndèye Daro
The SERIGNE MANSOUR solidarity group was created three years ago and is made up of nine women from the same neighbourhood. They are different ages, between 30 and 50, but for the most part in their thirties, married and mothers of at least three children. The group got together through affinities and friendships.

The group’s main activities are the retail commerce of beauty products, vegetables, firewood, charcoal and fresh fish. Those who sell fish get their supplies in Kayar, a fishing village located about 50 kilometers from their borough. They buy large quantities directly from boat side, to be resold at the central market of Thiès, their home town. They also go door-to-door, home-delivering to their regular customers.

Mrs. Soda D. has been running her fish-selling business for four years now, which brought her quite some experience in this domain. She wants to use her loan to increase her level of self-financing and contribute to paying power bills and daily family expenses.
View original language description ↓
Le Groupe de solidarité SERIGNE MANSOUR est crée depuis 3 ans et composé de neuf femmes toutes issus du même quartier. Elles sont d’âge différents, de 30 à 50 ans mais la plus part a la trentaine, sont mariées et mères d’au moins de 3 enfants. Le groupe a été constitué par affinité et par des liens amicaux.
Leur activité principale est le petit commerce de produits cosmétiques, de légumes, de bois de chauffe, de charbon de bois et de poisson frais. Celles qui font la vente de poisson s’approvisionnent à Kayar, un village de pêcheurs situé environs à 50 kilomètres de leur quartier. Elles achètent au bord pirogue en grande quantité pour revendre au marché centre de Thiès, leur région d’origine, et font également du porte à porte pour une livraison à leur clientèle fixe.
Madame Soda D., s’est adonnée spécialement à cette activité de vente de poissons, une activité qu’elle mène depuis quatre années ce qui lui permis de capitaliser une bonne expérience dans ce domaine. L’objet de son crédit est d’augmenter son niveau d’autofinancement et l’objectif est de renforcer son épargne et de contribuer au payement des factures d’électricité et aux dépenses quotidiennes de la famille.

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.

About Senegal

  • $1,759
    Average annual income
  • 9
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 534.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Serigne Mansour Group's $1,250 loan helped a member strengthen the group's self-financing capacity.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 14, 2010
Listed
May 31, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 30, 2010