Funded

Total loan: $2,800
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Sope Mohamed Group


A loan of $2,800 helped a member bolster her working capital.


Sope Mohamed Group's story

The SOPE MOHAMED group came into being six months ago and is composed of 13 women who all come from the same village and are between the ages of 30 and 60. They are mothers of at least two children each. The village is home to a big weekly market which is regionally known, and this allows them to sell their products easily.

This circumstance permits commercial activities in the village to be permanent and contributes to the expansion of the economy of the village and that of the surrounding area. The new solidarity group loan will allow its members to bolster their economic initiatives and diversify their businesses. Their businesses mostly involve selling local cereals, seafood, peanuts, and ice cream, in the case of those who have refrigerators.

The president of the group, Madame Mbène S., on the far right in the photo wearing a white and beige-striped dress, is 50, married, and the mother of four children, including one daughter of 14. She has been selling foodstuffs on the top of a table at the village marketplace for more than 20 years and on weekly market days (Mondays) she buys her inventory for the following week there. Her new loan will permit her to increase her working capital. With the profit she makes, she helps her husband support their family in terms of food and healthcare expenses.

In this group: Mbene, Oumy , Siga , Woly , Amy, Fatou Thioro, Laba, Dethie , Marietou, Thioup, Hane, Salimata, Fatou Thiaw
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: May 31, 2010
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: May 31, 2010
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services