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Sop Serigne Mourtalha Group
In this Group: Sarata, Khady, Ndeye Bass, Awa, Seynabou, Coumba, Fatou, Fatou, Mbene, Fatou , Codou, Ndeye Arame, Daba , Sokhna, Momy
The Sop Serigne Mourtalha solidarity group was set up on 12th May 2011 and is made up of 15 women who come from the same neighborhood; their principal activity is small-scale trading.

Fatou, who is in charge of the group, is 38 years old, married and mother to four children who are in her care, one of whom is her nephew. She is standing on the right of the photo wearing a boubou (a West African flowing dress) with florets covered with a black shawl, and a big smile.

She has a small trading business selling fabric, kitchen utensils, groundnut and beans. She has four years' experience in this field. She gets her supplies of fabric and kitchen utensils in various towns and the capital city during the season when she cannot find sufficient food products; she buys her stocks of groundnut and beans in the weekly market and sells them locally in the village.

With her loan she would like to strengthen her business in order to make more money.

She contributes to the household expenses, thereby helping out her husband, and she would like to build up a good level of savings with her profits in order to get a big loan and go abroad to buy her goods.
View original language description ↓
Le groupe de solidarité Sop Serigne Mourtalha est créé depuis le 12 mai 2011; il est composé de 15 femmes issues du même quartier, elles mènent comme activité principale le petit commerce.

Madame Fatou la responsable est âgée de 38 ans, elle est mariée et mère de quatre enfants en charge dont un neveu. Sur la photo elle est debout à droite habillée en boubou avec fleurettes couverte d'un châle noir et affiche un grand sourire.

Elle mène une activité de petit commerce de tissus, d'ustensiles de cuisine, d'arachide et de haricots. Elle a une bonne expérience de quatre ans dans ce domaine.Elle s'approvisionne dans les villes et la capitale pour les tissus et ustensiles de cuisine pendant la saison où elle ne trouve pas assez de produits alimentaires; et pour l'arachide et les haricots dans le marché hebdomadaire et revend sur place dans le village.

Avec son prêt elle souhaite renforcer son activité pour gagner plus de revenus.

Elle participe aux dépenses familiales pour soutenir son mari et souhaite avec ses bénéfices constituer une bonne épargne pour obtenir un crédit élevé et se rendre à l'étranger pour acheter des marchandises.

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
  • 451.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sop Serigne Mourtalha Group's $2,900 loan helped a member to buy fabric and kitchen utensils to sell on.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 19, 2011
Listed
Jun 15, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2011