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Soforal Group
In this Group: Khadiata, Fanta, Aminata, Fatou, Mame Diarra, Karafa, Fatou, Sarata
The Soforal solidarity group was created on July the 11th, 2002. It is made up of 8 woman who all live in the same area and are all small retailers.

Sarata, standing on the right of the picture with her hand raised, is the group´s leader. She is 71 years old, married and the mother of 6 children. She is an experienced saleswoman who has been selling peanut butter for many years.

This loan will increase Sarata´s working capital and will allow her to restock and develop her business activity. She will use her profits to improve her family´s living conditions - by buying good food and clothes and paying medical bills - and build up her savings.
Le groupe de solidarité est créé le 11 JUILLET 2002. Il est composé de huit femmes qui habitent le même quartier. Leur activité principale est le commerce.

Madame Sarata qui est à la droite de la photo levant la main est responsable de groupe. Elle est âgée de 71 ans. Elle est mariée et mère de six enfants.

Elle s’active dans la vente de la patte d'arachide. Elle a une bonne expérience dans ce domaine d’activité, qu'elle pratique depuis plusieurs années.

Ce prêt lui permettra de renforcer son capital et de mieux développer ses activités.

Les profits lui permettront d’améliorer les conditions de vie de la famille (santé, nourriture, habillement etc.…) et d’augmenter ses épargnes.

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
  • 1
    View loans »
    Senegal Loans Fundraising
  • $15,175,275
    Funds lent in using Kiva
  • 487.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Soforal Group's $2,800 loan helped a member to buy peanut butter for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 29, 2011
Dec 2, 2011
Currency Exchange Loss:
Jun 15, 2012