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Soforal Group
In this Group: Diarietou , Banna, Mariama, Aissatou, Awa, Aissatou, Fatou, Adama, Bintou Lamine, Sarata, Diatou, Bintou Niamo, Fatou Diallo, Seynabou
This solidarity group was created on June 3, 2010. It comprises fourteen women who live in the same area. Their main work involves small-scale commerce.

Ms. Diariétou (at the right in the photo with her hand raised) is the group's official. She is 53 years old, a widow, and the mother of three children. She is active in selling refreshments (ice cream, millet porridge, etc.) She has good experience in this domain of work, since she has been working at it for several years.

This loan will enable her to boost her capital and to develop her business further. The profits will allow her to improve her family's living conditions (health, food, clothing, etc.) and to increase her savings.
View original language description ↓

Le groupe de solidarité est créé le 03juin 2010. Il est composé de quatorze femmes qui habitent le même quartier. Leur activité principale est le petit commerce.

Madame Diariétou qui est à la droite de la photo levant la main et le responsable de groupe. Elle est âgée de 53 ans. Elle est veuve et mère de trois enfants.

Elle s’active dans la vente de rafraichissement(crème glacée, de la bouillie de mil etc...). Elle a une bonne expérience dans ce domaine d’activité, pour l'avoir pratiquée depuis plusieurs années.

Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.

Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 452.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Soforal Group's $3,075 loan helped a member to buy millet, sugar, "monkey bread", and some ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 23, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012