Funded

Total loan: $3,125
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Satou's Group

Senegal
Senegal / Animal Sales

A loan of $3,125 helped a member to buy sheep to resell after a few months of fattening.


Satou's Group's story

This group of four dynamic women forms part of a banc villageois that they created in July 2008. Their main business is small-scale commerce and farming. Satou (the woman seated in the photo) is the featured borrower of this group. She is a widow, aged 62, and is a mother to seven children, five boys and two girls. Her business consists of buying sheep that she fattens for resale for two or three months. She also sells honey and peanuts following the season.

With this loan, Satou expects to buy seven sheep at 40,000 francs CFA a piece, and resell them for 55,000 CFA or more after she fattens them up for two or three months. With the rest of the money, she is going to buy peanuts and honey to sell. The profits will serve to take care of her children's health and food needs.

In this group: Satou, Mame, Isabelle, Malado
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Lindsay Ferrara



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: July 24, 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: July 24, 2012
Facilitated by Field Partner: CAURIE Microfinance, a partner of Catholic Relief Services