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Boox Xalat Group
In this Group: Ndeye Fatou, Boye , Awa, Maguette, Khady, Aïssatou*, Marie*, Sokhna, Ndeye Fatou, Rokhaya
* not pictured
Boox Xalat is a group of ten women who own businesses operating in various sectors. The group was set up just one year ago and it is chaired by Mrs Ndeye Fatou S., who has been an elementary school teacher for the past eight years. The group members are women of the same neighborhood. They help each other and share a strong feeling of cohesion for the greater good of their "private kingdom".

"Boox xalat" is a Wolof expression which means "sharing a common idea". The group joined the Thiès branch of the microfinance institution U-IMCEC and applies for a loan of 500,000 CFA francs. Each member will receive an identical share of the loan and use it to finance her business or personal family needs.

The chairwoman, Mrs Ndeye Fatou S., will use her loan for personal needs. She will invest it in the business of her sister-in-law who cannot take advantage of the institution's financial products due to lack of proper identification documents. Her sister-in-law sells couscous, which is in high demand in her neighborhood. Thanks to the loan, she will be able to purchase millet and ingredients needed to prepare couscous. Mrs Ndeye Fatou S. is highly respected by her peers thanks to her generosity. She is the mother of two children, aged 4 and 2. She herself is 32 years old.

All the other group members, however, will use their loan share to finance their own activities. Mrs Boye M. (the group's treasurer) sells perfume and soap, Mrs Awa D. (the general secretary) sells cloth, Mrs Khady N. sells fish, Mrs Aïssatou F. sells soap, Mrs Marie F. sells cosmetics, Mrs Sokhna L. sells breakfasts, Mrs Rokhaya D. sells ice cream, Mrs Ndeye Fatou D. sells fataya (beef or fish pasties), and Mrs Maguette F. sells perfume.
View original language description ↓
Boox Xalat est un groupement de femmes qui regroupe à son sein 10 femmes toutes actives dans divers secteurs. Il a été créé, il y’a tout juste un an et est dirigé par Madame Ndeye Fatou S. enseignante depuis 8 ans dans l’élémentaire. Ce groupement qui regroupe les femmes d’un même quartier permet pour ces dernières de développer l’entre aide et la bonne cohésion pour le bien de leur fief.
Boox xalat, un mot wolof qui signifie avoir la même idée s’est adhérée à l’IMCEC Thiès et sollicite un prêt de 500 000 FCFA que va partager à part égale ses membres afin de financer ou de régler des besoins personnels.
Quant à la présidente Madame Ndeye Fatou Sylla, elle contracte le crédit pour un besoin personnel. Elle compte financer avec ce montant l’activité de sa belle sœur qui par manque de pièce d’identité ne peut bénéficier des œuvres des mutuelles. Sa belle soeur s’active dans la vente du couscous très prisé par les habitants du quartier. Ainsi, grâce à ce financement, elle pourra acheter du mil et les éléments nécessaires pour préparer le couscous. Madame Ndeye Fatou Sylla très respectée par ses paires grâce à sa générosité est mère de 2 enfants âgés de 04 ans et de 02 ans et elle est âgée de 32 ans.
Par contre pour tous les autres membres du groupe, le crédit demandé sert à financer leurs activités. Elles sont : Madame Boye M. la trésorière vendeuse de parfum et savon, Madame Awa D. la secrétaire générale vendeuse des tissus, Madame Khady N. vendeuse du poisson, Madame Aïssatou F. vendeuse de savon, Madame Marie F. vendeuse de produits cosmétiques, Madame Sokhna L. vendeuse de petit déjeuners, Madame Rokhaya D. vendeuse de crèmes glacées, Madame Ndeye Fatou D. vendeuse de fataya et Madame Maguette F. vendeuse de parfums .

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,851,075
    Funds lent in using Kiva
  • 455.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Boox Xalat Group's $1,100 loan helped a member to finance their activities.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2010
Listed
Jan 20, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010