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Fass Diom Group
In this Group: Mareme, Coumba, Aïda, Dieynaba, Aby, Khady, Faty Bane, Faty
The FASS DIOM solidarity group was formed on December 14, 2008 following the creation of the management committee for the Banc Villageois of SERAS1, home to the solidarity group. It consists of eight women from the same neighborhood, united in a spirit of solidarity, sharing and mutual assistance. The group regularly holds consultation and/or awareness meetings, tontines, visits between members, etc. It is a very dynamic group engaged, for the most part, in small-scale commerce, dyeing and food services. The new loan will help strengthen these activities. Along with regular repayments by its members, the loans are reimbursed jointly by the group without any difficulty.

Mrs. Mareme F. is the head of the solidarity group. In the photo, she is standing second from left, wrapped in a pink shawl with white dots and wearing a blue scarf on her head (shown in the inset at the top right). She is 50-years old, married and the mother of four children in her care. She is also the guardian of another child entrusted to her by relatives. She has a beef fattening activity, and she plans to use her credit to buy an ox, fatten it up and resell it at the end of a 5-month period. She is contributing to the improvement of her family’s living conditions, namely with food and healthcare.
Le groupe de Solidarité FASS DIOM est créé le 14 décembre 2008 suite à la formation du comité de gestion du Banc Villageois de SERAS1 qui abrite ledit groupe de solidarité. Il est composé de 08 femmes issues du même quartier et développent toutes un esprit de solidarité, de partage et d'entre-aide. Au sein du groupe se tiennent régulièrement des rencontre de concertation et/ou de sensibilisation, des tontines, des visites entre les membres etc. C'est un groupe très dynamique et s'active en général au tour du petit commerce, de la teinture et de la restauration. Et ce nouveau crédit va contribuer au renforcement a ces-dites activités. Le groupe en sus des remboursements réguliers que ses membres font, rembourse solidairement ses crédits sans difficultés.

Madame Marème F., en deuxième position, debout à partir de la gauche sur la photo avec une écharpe rose parsemée de points blancs et un foulard bleu sur la tête, (elle est mise en médaillon en haut à droite de la photo) est responsable du groupe de solidarité. Elle est âgée de 50 ans, elle est mariée et mère de 4 enfants en charge, elle est aussi tutrice d'un enfants qui lui est confié par des proches. Elle fait de l'embouche bovine et son crédit servira à acheter un bœuf qu'elle va engraisser et revendre au bout de 5 mois. Elle participe à l'amélioration des conditions de vie de sa famille à l'occurrence pour la nourriture et la santé.

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
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 519.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fass Diom Group's $1,050 loan helped a member promote the commercial activities of the solidarity group.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 28, 2010
Listed
Jul 10, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 16, 2011