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Sope Mame Diarra Thioune Ii Group
In this Group: Aby , Soukeye, Lena, Astou, Fatou Momar
The Sope Mame Diarre 2 group is made up of 5 energetic women who live in the Randoulène district of Thiès. They have been engaged in petty trading for some years and sell "pagnes" (lengths of brightly colored African print cloth), necklaces, and incense.



They decided to request this loan to increase their working capital, since this period of the year is the most favorable one for sales.

View original language description ↓
LE groupe sope mame diarra 2 est composé de cinq femmes trés dynamiques qui habitent au quartier randoulène de thiès ;elles font du petit commerce depuis quelques années et vendent des pagnes ,des perles et de l'encens
elles ont décidé de contracter ce pret pour augmenter leur fonds de roulement car cette période de l'année constitue leur période favorable de vente

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

  • $1,759
    Average annual income
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,925
    Funds lent in using Kiva
  • 468.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sope Mame Diarra Thioune Ii Group's $1,075 loan helped a member increasing their working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2009
Listed
Jun 12, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010