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Santack Group
In this Group: Khady, Fatou, Maimouna L, Aissatou M , Sire Diafar, Fanta B*, Marietou, Fatoumata, Aminata, Yama, Kossa, Ramatoulaye, Oulimata, Fatoumata, Aissatou*, Khady M, Safietou, Fatou K, Fatou Ndanky
* not pictured
Santack Group was established on May 29, 2001. It is made up of 19 women who live in the same village. Their main business is buying and selling.

Mrs. Fatoumata is responsible for the group. She's the one raising her hand, on the far right in the photograph. She's 44 years old, married, and the mother of two children.

For many years, she's been selling products in a village shop and thus has a good experience in this domain.

This loan will enable her to bolster her working capital and develop her business, by buying soap, tea, sugar, etc.

The profits will enable her to strengthen her savings and pay her children's school expenses.
View original language description ↓
Le groupe de solidarité est créé le 29 MAI 2001. Il est constitué de 19 femmes qui habitent le même village. Leur activité principale est le commerce.

Madame Fatoumata qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 44 ans. Elle est mariée et mère de deux enfants.

Elle s’active dans la vente de boutique villageoise. 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 en achetant du savon, du thé, du sucre etc.. et de mieux développer son activité.

Les profits lui permettront de renforcer ses épargnes et de payer le scolarité de ses enfants.

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
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 481.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Santack Group's $2,725 loan helped a member to buy soap, tea, sugar, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 7, 2011
Listed
Oct 14, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012