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Tessito Group
In this Group: Saly, Adama, Fatoumata, Salimata, Fatou K, Fanta, Khady*, Sire, Sona, Ramatoulaye, Mariema, Nene, Augustine
* not pictured
The solidarity group was created on May 28, 2001. It consists of thirteen women who live in the same neighborhood. Their principal activity is commerce.

Madame Sona is on the right of the photo raising her hand and is the leader of the group. She is 41 years old. She is married and the mother of eight children. She also takes care of her co-spouse's family.

She is active in the sale of porridge and vegetables. She has good experience in this area of business which she has practiced for several years.

This loan will permit her to build her capital and to better develop her business.

The profits will permit her to improve the living conditions of her family (health, food, clothing etc...) and to increase her savings.
View original language description ↓
Le groupe de solidarité est créé le 28 MAI 2001. Il est constitué de treize femmes qui habitent le même quartier. Leur activité principale est le commerce.

Madame Sona qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 41 ans. Elle est mariée et mère de huit enfants. Elle a aussi en sa charge la famille da sa coépouse.

Elle s’active dans la vente de bouillie et de légume. Elle a une bonne expérience dans ce domaine d’activité, qu'elle pratique 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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 475.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tessito Group's $4,025 loan helped a member to buy millet and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 12, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012