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Rack Top Mack Group
In this Group: Khadidiatou*, Marie, Mame Touty, Ndeye Fatou , Oumy Khaïre, Aïssatou, Fatou Bintou, Maïmouna*, Ngaïda, Ndiaya
* not pictured
The Rack Top Mack solidarity group was established on November 28, 2008. It is made up of 10 women, all from the same neighborhood. They formed the group based on their neighborhood and friendships.

Fatou Bintou F. (standing at the far right of the photo, wrapped in a blue scarf) is the group's leader. She is 44 years old, married, the mother of 5 children and tutor to 2 other children.

She manages a small fruit business. She sells oranges, mangoes and monkey bread (the fruit of the baobab tree). She has been running this business for more than 5 years. She gets her supplies at the neighborhood market in order go door to door to make her sales.

With this new loan she will increase her stock by buying more fruit.

The profits gained from her business will allow her to provide for her personal needs and to help her husband with the family expenses.
View original language description ↓
Le groupe de solidarité RACK TOP MACK est créé le 28 novembre 2008. Il est composé de 10 femmes toutes du même quartier. Elles se sont constituées en groupe par voisinage et par amitié.

Fatou Bintou F. debout à l'extrême droite de la photo, emmitouflée avec une écharpe bleue est responsable du Groupe. Elle est âgée de 44 ans. Elle est mariée et mère de 5 enfants et tutrice de 2 autres enfants.

Elle fait un petit commerce de fruits. Elle vend des oranges, des mangues et du pain de singe:(le pain de singe est le fruit du baobab) Elle pratique cette activité depuis plus de 5 ans. Elle s'approvisionne dans au marché du quartier pour faire du porte à porte pour vendre.

Avec son nouveau prêt elle va renforcer son niveau d'approvisionnement en achetant plus de fruits.

Les bénéfices réalisé à partir de son activité lui permettront de subvenir à ses besoins personnels et de soutenir son mari dans la prise en charge financière 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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 507.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Rack Top Mack Group's $3,900 loan helped a member buying mangoes, oranges and monkey bread (the fruit of the baobab tree).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 28, 2010
Listed
Jul 26, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011