Funded

Total loan: $4,225
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Sare Yoba Group

Senegal
Senegal / Food Production/Sales

A loan of $4,225 helped a member to buy cashew nuts in quantity from surrounding villages.


Sare Yoba Group's story

This "banc villageois" was created on May 16, 2011, the day of its inauguration. It is composed of women who are very active in revenue-generating businesses and who all live in the same town. For the most part, they have small business, and they process foods.

Ms. Ciré (sitting at the right in the photo with her hand raised) is the featured borrower of this group. She is very active in banc villageois activities and is a retailer of cashew nuts, which she collects from villagers for a gross price of 20,000 francs CFA. Then she sorts them and puts them into 100-kg sacks for resale to Moors at 35,000 francs CFA with the aim to export.

Her profits are partially for continuing with the construction of her house and for supporting her children.

In this group: Oumou, Adama Hawa*, Aminata, Fatoumata, Mariama, Binta*, Djiba, Ansata, Cire, Diambang, Gnamo, Hawa, Mariama, Mariama*, Dienabou, Nene Diamou, Ramatoulaye , Alanso, Kadiatou, Mariama
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: June 6, 2012
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: June 6, 2012
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services