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Saf Group
In this Group: Fatou Fall, Hama, Ndoumbe, Awa, Lala, Fatou Fall, Binta
The solidarity group SAF was created on August 27, 2009. The group is composed of seven women who are all from the same neighborhood. Their businesses are diverse: selling cloth, selling cosmetics, selling perfume, etc. The group is part of the Banc Villageois of MAMADOU LAMINE G..

Ms. FATOU F. N. (standing at the right in the photo) is the group’s leader. She is 24 years old, married, and the mother of two children. She also has a young girl in her care. Her business involves commerce in cloth. With her first loan from CAURIE-MF, she is going to develop her business further, so as to grow her profits.

Her goal is to support her family and her husband in covering the costs of schooling and health care for the children. She also plans on bolstering her savings account at the Banc Villageois.
View original language description ↓
Le groupe de solidarité SAF est créé le 27 août 2009. Il est composé de 07 femmes qui sont toutes issues du même quartier. Leurs activité sont diverses: la vente de tissus, la vente de produits cosmétiques, la vente de parfums etc. Le groupe fait partie du Banc Villageois de MAMADOU LAMINE G.

Madame FATOU F. N. debout à droite sur la photo est responsable du groupe. Elle est âgée de 42 ans. Elle est mariée et mère de 02 enfants. Elle est aussi responsable de sa jeune fille.

Elle fait un petit commerce de tissus

Avec son premier crédit avec CAURIE-MF elle va mieux développer son petit commerce de tissus afin d'accroitre ses bénéfices

Son objectif est de subvenir aux besoins de sa famille et soutenir son mari pour la prise en charge de la scolarité et la santé des enfants. Elle compte également renforcer ses épargnes dans le Banc Villageois

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
  • 461.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Saf Group's $2,325 loan helped a member to buy cloth for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 29, 2011
Listed
Apr 22, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011