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Adpat 8 Group
In this Group: Seynabou, Aida, Madjiguène, Binta, Maguette
This group is found in a region near the capital of Senegal. It is comprised of five women, and their main work involves commerce. Seynabou is their president. She has been in commerce for over ten years. She is requesting this loan with the goal of increasing their stock of merchandise. With this loan, she intends to buy some seafood (such as fish, shrimp, and crabs) that she is going to resell at the local market.

The hope is that this loan will enable her to increase her buying power, since the demand is greater than the supply. She wants to make much more in profit in order to help her husband to cover household expenses.
View original language description ↓
Ce groupement se trouve dans une région proche de la capitale du Sénégal. C'est un groupement qui est constitué de cinq femmes, leur principale activité est le commerce. Seynabou est leur présidente, elle fait du commerce depuis plus de 10 ans. elle sollicite ce prêt dans le but d'augmenter leur stock de marchandises. Avec ce crédit elle compte acheté des produits de mer comme (des poissons, des crevettes, des crabes) qu'elle va revendre au niveau du marché locale. Espérant que ce prêt lui permettra d'augmenter son pouvoir d'achat puisque la demande est supérieur à l'offre. Elle veut faire beaucoup de profits pour aider son mari dans les dépendes 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
  • 11
    View loans »
    Senegal Loans Fundraising
  • $12,847,250
    Funds lent in using Kiva
  • 475.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Adpat 8 Group's $800 loan helped a member to buy merchandise.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2011
Listed
Oct 16, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2012