Check out some available loans that are similar to this one!
Groupe Sohkna Touré
In this Group: Fatou, Fary, Sokhna, Fatou, Ndeye, Aissatou, Oumou, Faly
The Sokhna Touré Group is requesting a second loan to increase their turnover and meet their family needs. This group of women carries the name of its president and is made up of eight members, all from Diourbel.

All eight are active in retail, dying or sewing. As for the president Mrs. Sokhna Touré, she sells locally grown grain, vegetables and detergent. With her portion of the loan, she intends to restock from her suppliers as quickly as possible.

The group is requesting a loan of 500,000 that they will split equally among themselves. The other group members are: Mrs. Fatou B., Mrs. Fary D., Mrs. Fatou N., Mrs. Ndeye Guèye, Mrs. Aïssatou S., Mrs. Oumou S. and Mrs. Faly T., all running a business.
View original language description ↓
Le groupe Sokhna Touré est un groupement qui en est à sa deuxième demande de crédit afin d’accroitre leurs chiffres d’affaires et faire face aux besoins familiaux. Ce groupement féminin qui porte le nom de la présidente est composé de 8 membres tous habitantes de Diourbel.
Elles s’activent toutes les 8 soit dans le commerce, la teinture soit dans la couture. Quant à la présidente Madame Sokhna Touré, elle vend des céréales locales, des légumes et détergents. Ainsi avec sa part du crédit, elle compte se réapprovisionner auprès de ses fournisseurs dans les plus brefs délais. Elles sollicitent un crédit de 500 000 qu’elles vont se partager à part égale.
Les autres membres du groupe sont Madame Fatou B., Madame Fary D., Madame Fatou N., Madame Ndeye Guèye, Madame Aïssatou S., Madame Oumou S. et Madame Faly T. toutes commerçants.

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
  • 31
    View loans »
    Senegal Loans Fundraising
  • $13,297,500
    Funds lent in using Kiva
  • 479.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Groupe Sohkna Touré's $1,050 loan helped a member strengthen their businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2010
Listed
Feb 13, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010