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Sope Serigne Babacar Group
In this Group: Khady, Faty, Fatou, Absa, Maguette, Maguette, Amy, Lobe, Yaye Fatou, Arame, Astou, Sokhna, Ndioba, Aïda, Mareme, Marema, Mane, Aïda Diack, Diarra, Toutou, Mareme, Ndiele, Faty, Amy, Fatou, Astou, Soda Wade, Anta, Magatte, Awa*, Anta*
* not pictured
The Sope Serigne Babacar solidarity group formed on December 30, 2009. The group is made up of 31 women from the same village who came together through friends and neighbours. The group belongs to the Palene Coki village bank.

Mrs. Astou D. is 29 years old. She is married and has three children, one of whom is a boy. She sells powder soap, incense, perfume, pearl necklaces, cloth and shoes.

She has been a member of the village bank for six months and is on her second loan.With this new loan, she’ll expand her stock by stocking larger quantities.Her goal is to help her husband cover family expenses like food and healthcare.
Le groupe de Solidarité SOPE SERIGNE BABACAR est créé depuis le 30 décembre 2009. Il est composé de 31 femmes. Elles sont du même villageois. Elles se sont constituées en groupe par voisinage et par affinité. Elles font partie d'un des groupes du banc Villageois de PALENE COKI.

Madame Astou D. est âgée de 29ans. Elle est mariée et mère de 3 enfants dont 01 garçon. Elle fait un petit commerce de savon en poudre, d'encens, de parfums, de colliers en perles, de pagnes et de chaussures.

Elle a une ancienneté de 06 mois dans le Banc Villageois et en est à son second prêt

Avec son nouveau prêt elle va renforcer sa marchandise en s'approvisionnant en quantité plus importante.

Son objectif est de soutenir financièrement son mari dans la prise en charge de la famille par exemple 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

  • $2,300
    Average annual income
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 507.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sope Serigne Babacar Group's $4,050 loan helped a member to buy powder soap, incense, perfume, pearl necklaces, cloth and shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2010
Listed
Jul 26, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 16, 2011