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Bok Jom Group
In this Group: Astou , Salimata, Gnilane, Aissatou, Saly, Codou
The Bok Jam group is made up of six women living in the same neighborhood. They are all married and have children. They formed their group to mutually help each other in their businesses selling food. They buy bags of vegetables and cereal products wholesale and share them with each other based on the participation of each woman. They manage to generate modest profits which allow them to meet their needs and to participate in taking care of the food and health expenses of their children.

The leader of the group (who is wearing glasses) is mother to seven children of whom three go to school. She setup a table in front of her home from which she sells vegetables, mil [African cereal], ground nuts and other spices that are used in the preparation of daily meals to her customers. With her profits she takes care of her children's school fees and contributes every day to food expenses.

The group, in order to improve their income, is requesting from the UIMCEC a loan of 600,000f to buy bags of vegetables, mil [African cereal], ground nuts and various other spices.
View original language description ↓
Le groupe " BOK JAM" est constitué de six femmes habitantes du même quartier.Elles sont toutes mariées et ont des enfants.Elles ont formé leur groupe pour s'appuyer mutuellement dans leurs activités de vente de denrées alimentaires.Elles achètent en gros des sacs de légumes, de produits céréaliers et se les partagent en fonction de la participation de chaque femme.Elles parviennent à générer des bénéfices modestes qui leur permettent de subvenir à leurs besoins et de participer à la prise en charge des dépenses alimentaires et sanitaires de leurs enfants. Le chef de groupe (qui porte des lunettes) est mère de sept enfants dont les trois vont à l'école.Elle a installé une table devant son domicile sur laquelle elle propose à ses clientes des légumes, du mil, de l'arachide et d'autres condiments qui entrent dans la préparation des repas quotidiens. Elle prend en charge avec ses bénéfices, les frais de scolarité de ses enfants et participe chaque jour à la dépense alimentaire. Le groupe, pour améliorer ses revenus , sollicite auprès de l'UIMCEC un pret de 600000f pour acheter des sacs de légumes, de mil, d'arachide et d'autres condiments divers.

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
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,116,775
    Funds lent in using Kiva
  • 501.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bok Jom Group's $1,200 loan helped a member to buy bags of vegetables, mil [African cereal], ground nuts and various other spices.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 23, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012