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Sotto's Group
In this Group: Sotto, Alarbo, Mariama Samba, Mariatou, Aminata Bouna, Ousmane, Raky, Coumba Ablaye, Ansatou Aliou, Ramatoulaye, Assanaou, Coumba, Ouleye, Dienabou Ousmane, Kadidiatou, Binta, Kekouta, Diaraye, Mariama, Dienabou, Kadiatou, Fatoumata, Kady, Fatoumata Ablaye, Rouby, Dienabou, Ramatoulaye Aba, Aminata*, Oumou, Aissatou
* not pictured
This group is made up of women who are very active in the Banc Villageois, created in December 2010. All the women of this group come from the same neighborhood. They get along well with one another and are united by strong solidarity ties. Their main activity is small retail business.

Sotto (seated at the far right and raising her hand) is the group's featured borrower. She is 52 years old, married, and the mother of seven children (four boys and three girls).

In spite of her age, she has a booth at the central market and she sells fresh vegetables. She has been involved in this activity for several years. She buys vegetables by the bucket from women who have their own gardens and she resells her produce on a retail basis, selling vegetables by the heap or separately.

She plans to use her loan to buy crates of fresh tomatoes (each crate costing 8,000 CFA francs) as well as various other vegetables, in order to increase her turnover.

The profits from her business will allow her to help her husband, who is retired, to take care of the family expenses.
View original language description ↓
Ce groupe est composé de femmes très actives dans ce banc villageois créé en Décembre 2010. Il regroupe en son sein des femmes qui sont toutes issues du même quartier et ont une bonne entente et solidarité les membres. Elles ont comme activité principale le petit commerce.

Madame Sotto (assise à l’extrême droite avec la main gauche levée), est emprunteur vedette du groupe. Elle est âgée de 52 ans, elle est mariée et mère de 07enfants (04 garçons et 03 filles).
Malgré son âge avancé, elle tient une table au marché central où elle vend des légumes frais. Cette activité elle la pratique depuis plusieurs années. Elle se procure les légumes auprès des femmes détentrices de jardins maraîchers par seaux pour la revente par tas ou à la pièce.

Avec ce prêt elle compte s’approvisionner en caisse de tomate fraiche à 8 000 F CFA la caisse et divers autres légumes afin de mieux faire tourner son activité.

Les bénéfices de son activité lui permettront de soutenir son mari à la retraite dans les charges familiales.

Additional Information

More information about this loan

This loan is going to a borrower or borrower group living in a rural area.

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
  • $13,894,550
    Funds lent in using Kiva
  • 508.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sotto's Group's $4,800 loan helped a member to buy crates of fresh tomatoes and various other vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014