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Sop Sergne Bara Group
In this Group: Arame , Fatou Gueye, Fatou , Malene, Maguette , Mbene, Absa, Awa*
* not pictured
The Sop Serigne Bara solidarity group has been created on December 15, 2008. IT is composed of eight women living in the same neighborhood and belonging to the same “dahira” (African association). They are friends and neighbors who decided to form a group together. They all work as vendors.
Arame, standing on the right in the photo with her hand raised, is the group’s leader. She is 56 years old, married and the mother of seven. She sells fruits, vegetables and cloth. With her loan, she is going to expand her stock level of fruits, vegetables and cloth to resell. He income will allow her to provider for her family and household needs and also add to her savings at the “banc villageois.”
View original language description ↓
Le groupe de solidarité Sop Serigne Bara a été crée le 14décembre 2008. Il est composé de 08 femmes issues de la même localité. Elles se sont réunies par affinité et par des liens de voisinage. Elles exercent la même activité, le petit commerce.Arame,debout à droite sur la photo et a la main levée, est la responsable du groupe. Elle est âgée de 56 ans. Elle est mariée et mère de 07 enfants.Elle fait le petit commerce de fruits et légumes.Elle fait aussi un petit commerce de tissus.Avec son prêt reçu,elle veut augmenter son niveau d'approvisionnement en fruits,légumes et tissus pour revendre
Ses bénéfices lui permettront de subvenir aux besoins de la famille,mais aussi renforcer son épargne dans le banc villageois.un membre est absent sur la photo

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
  • $13,891,275
    Funds lent in using Kiva
  • 494.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sop Sergne Bara Group's $2,275 loan helped a member aCHAT DE FRUITS ET LEGUMES ET DES TISSUS;.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 10, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012