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Booku Liggey Kahone Group
In this Group: Lamarana , Siga , Aissatou , Saye , Arame
The group called "BOOKU LIGGUEY de Kahone" is made up of five women who engage in dyeing of fabrics. They either prepare fabrics to order or they make dyed fabric to sell to their customers. This brings in a reasonably consistent income that they divide among themselves equally. They are all married and use their income to cover certain expenses relative to food, health, or their children's schooling.

The president of the group (who is raising her hand) is the mother of two children. She has a little shop in her home and displays her own products there. The group is asking for a loan of 500,000 francs to use to buy cloth and dyes and other necessary products for dyeing. Their ambition is to build a store where they can sell their merchandise.
View original language description ↓
Le groupe "BOOKU LIGGUEY de Kahone" est composée de cinq femmes qui pratiquent la teinture. Elles font soit des prestations de service sur commande soit elles confectionnent des tissus teints qu'elles vendent à leurs clients. Cela leur rapportent des revenus assez consistants qu'elles se partagent équitablement.Elles sont toutes mariées et utilisent leurs revenus pour prendre en charge certaines dépenses d'alimentation, de santé ou de scolarité des enfants. La présidente du groupe (main levée) est mère de deux enfants.Elle tient une boutique dans son domicile et y expose ses propres produits. Le groupe sollicite un pret de 500000f pour renforcer pour acheter des tissus et des colorants et d'autres produits de teinture.Elles ambitionnent de construire un magasin de commercialisation de leurs marchandises.

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
  • 39
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 503.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Booku Liggey Kahone Group's $1,000 loan helped a member to buy cloth and dyes and other products needed for dyeing.
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:
Feb 15, 2013