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Dekhale Thiossane De Kahone Group
In this Group: Fatou , Mame Lateo , Oumy , Codou , Ndiaye Ndour
The group called "DEKHALE THIOSSANE de Kahone" is made up of five women who are all married. They are members of a revolving savings association ("tontine) which gets together each month to collect dues and finance its members. Due to the fact that this revolving amount is small, they opened an account to save and take advantage of loans.

They sell foodstuffs, out of their homes in the case of certain of the women and at the market in other cases. The president of the group (who is raising her hand) is the mother of four children, of whom two are attending school. Her business allows her to cover their school fees and to help her husband with expenses for the family. In order to bolster their small businesses' working capital, the group is requesting a loan of 500,000 francs to buy foodstuffs.
View original language description ↓
Le groupement "DEKHALE THIOSSANE de Kahone" se compose de cinq femmes qui sont toutes mariées. Elles sont membres d'une tontine qui se réunit chaque mois pour rassembler les cotisations et financer ses membres. Du fait de la faiblesse de ces financements, elle ont ouvert un compte pour épargner et bénéficier de crédit.Elles exerce un commerce de produits alimentaires à domicile pour les unes et au marché pour les autres. La présidente du groupe ( main levée) est mère de 4 enfants dont les deux vont à l'école.Son commerce lui permet de s'occuper de leurs frais de scolarité et d'appuyer également son mari dans la prise en charge des dépenses d'entretien de la famille. Afin de renforcer leurs fonds de commerce, le groupe sollicite un pret de 500000f pour acheter des denrées alimentaires.

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
  • 52
    View loans »
    Senegal Loans Fundraising
  • $13,028,825
    Funds lent in using Kiva
  • 503.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dekhale Thiossane De Kahone Group's $1,000 loan helped a member to buy foodstuffs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 28, 2013