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Sop S. Fallou Group
In this Group: Oumy, Bousso, Bama, Khady, Maguette, Sokhna, Mbene, Khady, Ndeye , Die, Awa, Aida, Rokheya , Mame Fatou *, Ndiack, Ndioba, Astou Aliou
* not pictured
The Solidarity Group Sop Sérigne Fallo was established on December 28, 2010. It is made up of 17 women who live in the same neighborhood and are involved in the same business.

Fatou (standing to the right of the photo, raising her hand) is in change of the group. She is 55 years old. She is married and has two children.

She has created a commercial business selling groundnuts, black-eyes peas, and bissap, (a drink made from hibiscus flowers). She also makes and sells groundnut oil.

With this loan, she intends to purchase groundnuts, black-eyed peas, and bissap for resale.

With the profits earned, she intends to improve her living conditions and those of her children.
View original language description ↓
Le GS Sop Sérigne Fallo est crée le 28 Décembre 2010. Il est composé de 17 femmes qui habitent toutes le même quartier et exerçant la même activité.

Fatou (Debout à droite de la photo et levant la main) est responsable du groupe de solidarité. Elle est agée de 55 ans. Elle est mariée et mère de 2 enfants.

Elle développe une activité commerciale de semences d'arachide, de "niébé" et d'oseille. Elle fait également la transformation et vente d'huile d'arachide

Avec le prêt reçu, elle compte acheter de l'arachide en graine, niébé et "bissap" (oseille) pour revendre.

Avec les recettes générées elle compte améliorer les conditions de vie de sa prgéniture.

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
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 503.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sop S. Fallou Group's $2,150 loan helped a member to purchase groundnuts for their groundnut oil business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 10, 2012
Listed
Feb 27, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012