Mbayene Group

In Senegal, the economic situation is becoming more and more difficult. Poverty is present in many zones, for example Thiaroye-on-the-Sea. The people of this region are organizing themselves and attempting from day to day to improve their socio-economic situation. The group of women called « MBAYENE » is keeping up with this search to improve their well-being. For that reason, they are coming to Kiva to request a loan. The business will involve selling various goods, from vegetables to cereals, and even fabrics and cosmetics.

Translated from French by Teresa Kramer, Kiva Volunteer

Au Sénégal, la conjoncture est de plus en plus difficile. La pauvreté est présente dans plusieurs zones dont Thiaroye sur mer. Cependant les populations s'organisent aussi et tentent chaque jour d'améliorer leur condition socio-économique. Le groupement des femmes « MBAYENE » ne déroge pas à cette recherche effrénée du mieux être. C’est pourquoi elles viennent auprès de kiva solliciter un prêt. L’activité sera le commerce allant de la vente de légumes aux céréales en passant par les tissus et autres produits cosmétiques.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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