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Sop Serigne Babacar Group
In this Group: Fatou, Fama, Astou, Ndeye Fama, Siny , Khady, Ndeye Fama, Boye, Ndeye Fary, Fatoumata*, Mareme, Awa, Ndeye Seynabou, Nene, Aminata, Princesse, Mbathio
* not pictured
This solidarity group was formed on May 14, 2010. It is made up of 17 women who are all from the same locale. They united out of affinity and friendship. They manage a variety of businesses (shopkeeping, crafts, breeding, etc.).

Khady, standing on the far side of the photo, is responsible for the group. She is 48 years old. She is a widow and mother to six children.

She is a shopkeeper selling fish, outfits and shoes. She has been practicing this business for several years.

With her new loan she is going to reinforce her stock of the above merchandise to better satisfy her clientèle and increase her income.

Her goal as a widow is to take care of her children's schooling, food and health. Besides, she would like to increase her savings and invest in a housing project.
View original language description ↓
Ce groupe de solidarité est créé le 14 mai 2010. Il est composé de 17 femmes qui sont toutes issues de la même localité. Elles se sont unies par affinité et par amitié. Elles mènent des activités diverses (petit commerce, artisanat, élevage etc.)

KHADY, debout à l'extrême de la photo est responsable du groupe. Elle est âgée de 48 ans. Elle est veuve et mère de 06 enfants.

Elle fait du petit commerce de poisson, d'habits et de chaussures. Elle pratique cette activité depuis plusieurs années.

Avec son nouveau crédit elle va renforcer son niveau d'approvisionnement en marchandises ci-dessus pour mieux satisafaire sa clientèle et augmenter ses revenus

Son objectif en tant que veuve est de prendre en charge la scolarité la nourriture et la santé de ses enfants. Par ailleurs, elle voudrait renforcer son niveau d'épargne et investir dans un projet immobilier

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
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,894,400
    Funds lent in using Kiva
  • 506.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sop Serigne Babacar Group's $2,900 loan helped a member to buy fish, outfits, and shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Dec 22, 2011
Jan 20, 2012
Currency Exchange Loss:
Jul 15, 2012