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Sopp Madina Toure Group
In this Group: Penda, Mane, Coumba, Ngone, Aida, Mbene, Khady, Awa, Aicha, Dial*, Ndeye*
* not pictured
Sopp Madina Toure Group was established six months ago by ten women who, for the most part, live in the village. Their main business is buying and selling.

Mrs. Penda is in charge of the group. She's the one in the inset at the bottom of the picture. She's 62 years old, a widow and takes care of her two children.

Her business consists in retailing, and she also raises sheep and goats. She knows all the ins and outs of her business, since she's been in it for several years.

With her loan, she will buy products such as sugar, coffee and soaps, as well as small animals (sheep, goats). Her goal is to support her children in their various endeavors, while at the same time providing for herself.
View original language description ↓
Le groupe existe il y'a six mois.il est formé par 10(dix) femmes qui habitent pour la plupart le village et ont comme activité principale le commerce.

La responsable du groupe s'appelle Mme Penda. Elle est mise en médaillon en bas au milieu de la photo.
Elle est veuve et âgée de 62ans et prends en charge ses deux enfants.

Elle pratique le commerce de détails et l'embouche ovine et caprine. Elle maitrise bien ces activités pour les avoir pratiquées depuis plusieurs

Elle achète avec son prêt de produits comme le sucre, le café ,le savon. Elle paie aussi de petits ruminants (moutons, chèvres).

son objectifs est de soutenir ses enfants dans leurs diverses entreprises.tout en subvenant a 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

  • $2,300
    Average annual income
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 484.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sopp Madina Toure Group's $1,600 loan helped a member to buy sugar, coffee, and soaps.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 3, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012