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Takku Liggey 7 Teffes Group
In this Group: Maty, Penda, Arame, Aminata, Mame Diami
The Takku Liggey 7 Teffes Group brings together women who live by the sea in the coastal city of Mbour, located 70 km from the Senegalese capital Dakar. They work in activities like shoe sales, fabric sales, catering and selling fish. The incomes they generate from their different businesses allow them to support their children. They hope to strengthen their businesses with this loan.
Le groupe Takku Liggey 7 Teffes regroupe des femmes habitant un quartier en bordure de mer dans la ville côtière de Mbour située à 70 km de Dakar la capitale Sénégalaise. Elles s’activent dans des activités telles que la vente de chaussures, de tissus, de la restauration et de la pêche. Les revenus tirés de leurs différentes activités leur permettent d’entretenir leurs enfants. Avec le prêt qu’ils sollicitent ils veulent renforcer leur activité de commerce.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 470.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Takku Liggey 7 Teffes Group's $650 loan helped a member to strengthen their businesses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2009
Listed
Jun 26, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010