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Sop Serigne Babacar Sy Group
In this Group: Mareme, Aida Dior, Diarra, Toutou, Mareme, Mame Yomou, Diouma, Ya Faty, Amy, Astou, Sidy Babou, Codou, Dasce, Khady, Anta, Alima, Maty
The solidarity group SOP SERIGNE BABACAR SY was created on December 30, 2009. It is composed of seventeen women who are all from the same village. They are united by affinity and kinship. Their business involves small-scale commerce, poultry farming, and the fattening of sheep and cattle.  

Ms. Mareme D. (standing at the far right in the photo) is the group’s leader. She is 49 years old, married, and the mother of six children. She also has two of her grandchildren in her care. Mareme has a small business selling smoked fish.  She also fattens sheep. She has been in this business for over six years.

Using the profits, her goal is to support her husband in providing from the household and to cover the cost of schooling.
View original language description ↓
Le groupe de solidarité SOP SERIGNE BABACAR SY est créé le 30 décembre 2009. Il est composé de 17 femmes qui sont toutes du même village. Elles sont unies par affinité et par parenté. Elles ont comme activité le petit commerce, l'élevage de volailles, l'embouche ovine et bovine.

Madame MAREME D. debout tout à fait à droite sur la photo est responsable du groupe. Elle est âgée de 49 ans. Elle est mariée est mère de 06 enfants. Elle a aussi la charge de ses deux petits enfants.

Elle fait un petit commerce de poissons fumés. Elle fait également de l'embouche ovine. Cette activité elle la pratique depuis plus de 6 ans.

Son objectif est, à partir de ses bénéfices soutenir son mari dans la prise en charge de la maison et du payement des frais de scolarité.

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
  • 48
    View loans »
    Senegal Loans Fundraising
  • $13,115,725
    Funds lent in using Kiva
  • 479.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sop Serigne Babacar Sy Group's $2,275 loan helped a member buying smoked fish and a sheep to fatten.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 2, 2011
Listed
Feb 20, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011