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And Soukali Jeeguene Pire 16 Group
In this Group: Amy, Djeumb, Sokhna, Magatte, Mareme
This is a group composed of five members who live in Pire, a village located 100 kilometers from Dakar, the capital of Senegal. Their main business activity involves trading with farm products, such as cassava tubers. The group members are experienced in this field and have a strong customer base. The workday starts at 8 a.m. and ends around 8 p.m.

With this financing, the group members intend to buy 100 sacks of cassava that they will resell at the market. The income earned from the sale of cassava will enable them to strengthen their business and provide for their children (school fees, healthcare and household expenses).
View original language description ↓
Ce groupe est composé de 5 membres qui habitent dans le village de Pire à cent km de DAKAR la capitale du Sénégal, leur activité principale est le commerce de produits agricoles les tubercules de manioc. Elles sont expérimentées dans le domaine et disposent d’une bonne clientèle. Leur journée commence à 8 heures du matin et se termine vers 20heures du soir. Avec ce financement elles comptent acheter 100 sacs de manioc qu’elles vont revendre au marché. Les revenus tirés de la vente du manioc leur permettra de renforcer leur commerce mais aussi de satisfaire les besoins de leurs enfants (paiement des frais de scolarité les frais médicaux et participer a l’entretien de la maison).

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
  • $12,847,875
    Funds lent in using Kiva
  • 463.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of And Soukali Jeeguene Pire 16 Group's $1,100 loan helped a member to buy cassava, groundnuts and millet.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012