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Femmes Commercantes 10 Group
In this Group: Aminata, Isseu, Yarame, Khady, Ndeye Arame
Aminata, Isseu, Yarame, Khady, and Adeye Arame are all women who work in commerce at the Grand Thies marketplace. She generally sells food items, vegetables, and fish at the retail level. The women decided to form a solidarity group and open an account with the mutuelle. They made this loan request to increase their working capital.
View original language description ↓
aminata,isseu,yarame,khady et ndeye arame sont toutes des femmes qui font du commerce au marché grand thies;elles vendent en général des denrées alimentaires,des légumes et des poissons au détail;elles ont décidé de se regrouper sous forme de groupe de solidarité et ont ouvert un compte au sein de la mutuelle;elles ont fait cette demande de pret pour augmenter leur fonds de roulement.

Additional Information

About UIMCEC

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
  • 88
    View loans »
    Senegal Loans Fundraising
  • $13,826,900
    Funds lent in using Kiva
  • 484.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Femmes Commercantes 10 Group's $1,050 loan helped a member retail business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2009
Listed
May 20, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009