Check out some available loans that are similar to this one!
Gie Elybée Group
In this Group: Papa Elimane, Binta, Banna, Dianke, Lena, Rocky, Salihina, Aminata, Awa, Pape Momar, Binta, Ibrahima
GIE Elybée is a group of mixed male and female membership which specializes in cashew nut processing in Ziguinchor. Processed products are packaged in plastic bags and put up for sale by individuals and even hotels; the current loan is sought to strengthen the stock of raw materials.

Translated from French by Liana Bianchi, Kiva Volunteer.


Le GIE Elybée est un groupement mixte compose d' hommes et de femmes qui s' est spécialise dans la transformation des noix d’acajou a Ziguinchor. Les produits transfomes sont emballes dans des sachets plastiques et mis en vente a des particuliers et meme a des hotels ; le present credit est sollicite pour renforcer le stock de matieres premieres.

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

  • $2,300
    Average annual income
  • 41
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 431.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gie Elybée Group's $4,650 loan helped a member processing and marketing of cashew nuts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 1, 2008
Listed
Mar 13, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009