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Sope Seringe Saliou Group
In this Group: Tening Mignane, Woly, Thiare, Dib, Diakher, Maty, Sokhna , Fatou , Sokhna, Mously, Fatou*, Mously
* not pictured
The “SOPE SERIGNE SALIOU” cooperative group was created in 2007, on the inauguration of the Banc Villageois. It is made up of twelve women, all from the same village and mothers of at least three children. Not all from the same generation, they range in age from 25 to 65. This age difference does not interfere at all in the functioning of their group—on the contrary, it makes for a complimentary exchange of ideas and suggestions. The main activity of the group is livestock, fattening sheep and cows for resale in weekly markets in surrounding villages. Mrs. Fatou S. is missing from the photo due to caregiving obligations for a sick person on the day the photo was taken.

The president of the cooperative group, Mrs. Téning Mignane N. (standing at the right of the photo in the second row) is 48 years old, married and the mother of 8 children in her care. In addition, she is guardian to 7 other children of relatives and friends. She fattens cows and sheep, and is very experienced in this area after more than a decade in the business. With her new loan she will purchase more animals to make more profit and improve living conditions for her family.
Le groupe de solidarité « SOPE SERIGNE SALIOU » est créé en 2007, au jour de l’inauguration du Banc Villageois. Il est composé de douze (12) femmes habitant toutes dans le même village et mères d’au moins de 3 enfants. Elles ne sont pas de la même génération, elles sont d’âges différents, entre 25 et 65 ans. Cette différence d’âge ne gêne rien au fonctionnement de leur groupe, au contraire, ça suscite une complémentarité quant aux échanges d’idées et suggestions. L’activité dominante du groupe est l’embouche, elles engraissent des moutons et des bœufs pour les revendre dans les marchés hebdomadaires des villages environnants. Madame Fatou S., pour des raisons d’assistance à un malade s’est absentée lors de la prise de photo.

La présidente du groupe de solidarité, Madame Téning Mignane N. debout à droit de la photo en deuxième rang, est âgée de 48 ans, elle est mariée et mère de 8 enfants en charge, et en sus elle est tutrice de 07 autres confiés par des parents et des proches. Elle fait de l’embouche bovine et ovine. Elle est très expérimentée dans ce domaine d’activité pour l’avoir menée pendant plus d’une décennie. Avec son nouveau prêt elle va renforcer achat en animaux afin de réaliser plus de bénéfices et de pouvoir contribuer à l’amélioration des conditions de vie de sa 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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 537.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sope Seringe Saliou Group's $3,900 loan helped a member strengthen and better develop business activities of the cooperative group.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 31, 2010
Listed
Jun 23, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010