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Cheikh Ibra Fall Group
In this Group: Khady, Mame Seye, Ma Awa, Fatou Ndiaye, Seynabou, Binte Sene, Maguette, Coumba Mbayor, Sokhna, Ndeye, Binta*, Guinaly *, Khary
* not pictured
The Cheikh Ibra Fall solidarity group was created on 5th December 2007. It is made up of 13 women from the same neighborhood, who are neighbors and/or friends.

Mrs. Khady M., who is on the extreme right of the photo and dressed in a large white "boubou" (African dress) sprinkled with black dots, is in charge of the group. She is 43 years old, married and mother to five children. She has also adopted a four-year old orphan.

She sells fabrics and shoes. She gets her supplies in Gambia and Mauritania. She has been carrying out this business since 1996.

With her new loan she is going to buy damask and "khartoum" fabrics, scarves and shoes. Her aim is to increase her savings and contribute to the costs of looking after her family.
View original language description ↓
Le groupe de solidarité CHEIKH IBRA FALL est créé le 05 décembre 2007. Il est composé de 13 femmes d'un même quartier. Elles se sont organisées par voisinage et par affinité.

Madame KHADY M., debout à l'extrême droite sur la photo, vêtue de grand boubou blanc parsemé de points noirs est responsable du groupe. Elle est âgée de 43 ans. Elle est mariée et mère de 5 enfants en charge. Elle a adopté une orpheline de 04 ans.

Elle est vendeuse de tissus et de chaussures. Elle s'approvisionne en Gambie et en Mauritanie. Elle mène cette activité depuis 1996.

Avec son crédit elle va acheter des tissus en basin et Khartoum des écharpes et des chaussures.

Son objectif est de renforcer son épargne et participer à 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

  • $2,300
    Average annual income
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 510.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Cheikh Ibra Fall Group's $4,375 loan helped a member to purchase shoes and fabrics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 3, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011