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Sop Serigne Fallou Group
In this Group: Ndieya, Mamy Diok, Soda Soubou, Ndeye Khady , Anta, Ndioba, Anta, Ndeye Maty, Safietou, Bousso, Arame, Ndeye Khady, Ndeye Maguette , Isseu, Soda Anta, Yacine, Magou*, Sokhna*
* not pictured
This solidarity group was created on 10 December 2010. It comprises eight women who live in the same area. Their main activities are running small businesses and raising sheep.

Ndieya, the woman responsible for the group, is 49 years old, married, and has three children. Her main activity is selling fruit and shoes. She has gained lots of experience. In the photo, she is on the right, dressed in yellow with her left hand raised.

She buys shoes, mangoes, and peanuts at the central market and in the large cities and re-sells them in town.

Her loan will allow her to strengthen her capital and diversify her merchandise in order to substantially increase her earnings.

Her profits will allow her to support her husband in providing for the family, save, and manage her personal needs.
Le groupe de solidarité est créé le 10 décembre 2010; il est composé de dix huit femmes du même quartier. Les activités qu'elles mènent sont le petit commerce et l'embouche ovine.

La responsable Ndieya est âgée de 49 ans, est mariée mère de trois enfants. Son activité principale est le petit commerce de fruits et de chaussures. Elle a une bonne expérience Elle est habillée en jaune,a levé la main gauche et est à droite sur la photo.

Elle achète des chaussures, des mangues, de l'arachide au marché central et dans les grandes villes et les revend dans le village.

Son prêt lui permettra de renforcer son activité et de diversifier ses marchandises afin de faire beaucoup plus de gain.

Ses bénéfices lui permettent de soutenir son mari dans les charges familiales, d'épargner et de gérer ses besoins personnels.

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
  • 28
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 457.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sop Serigne Fallou Group's $2,325 loan helped a member to buy shoes and fruit destined for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 16, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012