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Afde N°9 Group
In this Group: Ndéye Aminata , Coumba , Salimata , Thiombé, Aïssatou
"Association Femme Développement Entreprise AFDE N°9" is a group composed of five women who average 45 years of age living in large traditional extended families in the Grand Thiés district (region of Thiès). The women know one another through ties of community and kinship, and they do almost the same work, selling cloth and shoes. They are in high demand in these fields.

With regard to improving the quality of their services and expanding their businesses, the members of this reliance group decided to join the micro-finance institution IMCEC and are now on their second solidarity loan (group loan). Their first loan was correctly repaid.

With this loan, the group members plan to build a sizable stock of cloth and shoes, which will be sold, cash accepted, at the grand marketplace of Thiès.

Each group member hopes to realize an average profit of 35,000 francs CFA in the course of this cycle. The profits will be used to make loan interest payments, to provide for the extended family, and to invest the rest in business.

View original language description ↓
Les cinq femmes du groupe Association Femme Développement Entreprise AFDE N°9 ont une moyenne d’âge de 45 ans vivant dans des grandes familles traditionnelles élargies au quartier Grand Thiés (région de Thiès). Elles se sont connues à travers des liens de voisinage et de parenté. Elles exercent presque la même activité de vente des tissus et chaussures. Elles sont très sollicitées dans ces activités. Dans le cadre de l’amélioration de la qualité de leurs services et l’agrandissement de la taille de leurs activités, les membres du groupe confiance ont décidé d’intégrer l’institution de micro finance IMCEC avec laquelle il est à son deuxième prêt solidaire (prêt de groupe). Leur premier prêt était correctement remboursé. Elles comptent utiliser ce prêt pour constituer un stock important de tissus et chaussures. Les tissus et chaussures sont vendus au comptant au marché grand Thiès. Elles espèrent réaliser chacune un bénéfice moyen de 35 000FCFA au cours de ce cycle qui sera utilisé pour rembourser les intérêts du prêt, subvenir au besoin de la famille élargie et investir le reste dans les activités.

Additional Information


This loan is administered by UIMCEC, a Kiva Field Partner in Senegal since 2008. UIMCEC is a government-regulated microfinance institution whose mission is to improve the revenue and well-being of families through access to financial services, allowing principally women and young adult micro-entrepreneurs living in rural and semi-rural areas to develop their revenue-generating businesses and supporting them in becoming financially self-sufficient.

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
  • 63
    View loans »
    Senegal Loans Fundraising
  • $14,279,775
    Funds lent in using Kiva
  • 495.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD