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Sop Serigne Babacar Group
In this Group: Khady, Fatou, Fama, Astou, Ndeye Fama, Boyi, Siny, Nakhe, Mbene, Fama*, Fatou*
* not pictured
This solidarity group was formed on 5/14/10. It is made up of 11 women from the same area, who came together as friends and neighbors.

Their group belongs to the Banc Villageois "Fonk Sa Bopp Grand Louga." Kady D., standing on the right of the photo wearing a white wrap, is the group's leader. She is 46 years old, married and the mother of 6 dependent children. Kady runs a small business selling fresh fish, and she also sells clothes and shoes. Her new loan will allow her to strengthen these activities in order to make more profit than before. She helps her husband in paying for the children's schooling. Little by little, she is also looking for furniture for her house.
View original language description ↓
le groupe de solidarité est crée le 14/05/2010.il est composé de 11 femmes issues du même quartier. Elles ont formé leur groupe par voisinage et par affinité. Elles font partie des promoteur du Banc Villageois de FONK SA BOPP GRAND LOUGA qui abrite leur groupe

KHADY D. debout à droite de sur la photo avec une écharpe blanche en bandoulière est responsable du groupe. Elle est mariée et mère de 06 enfants en charge. Elle est âgée de 46 ans.

Elle fait un petit commerce de poisson frais. En parallèle elle vend des habits et chaussures

Son nouveau crédit lui permettra de renforcer ses activités afin de réaliser des bénéfices plus importants que dans le passé.

Elle soutien son mari dans le payement de la scolarité des enfants. Progressivement elle se procure de meuble pour sa maison

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
  • 493.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sop Serigne Babacar Group's $1,450 loan helped a member to buy fish to re-sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 7, 2010
Listed
Jan 5, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011