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Linguère De Santhie Group
In this Group: Safiétou, Rama, Salimata, Ndèye , Ngoné, Mati
The group "Linguère de SANTHIE" is composed of six women who all work in small trade. Some sell fabrics and sewing notions while the others sell fish and vegetables. All are married, and they created this group to help each other in their activities. They make monthly contributions to a savings fund that they often use as a guarantee when applying for loans.

The president of the group (in the back row, wearing white) is a mother. She sells smoked fish and dried fish on credit. With her profits, she supports herself and helps her husband to provide for their children.

The group is seeking a loan of 990,000F to buy food items, fabrics, and notions. The goal of the group members is to continue to expand their businesses.
Le groupe "Linguère de SANTHIE" est composée de six femmes qui s'activent toutes dans le commerce. Les unes vendent des tissus, des articles de mercerie alors que les autres vendent du poisson, des légumes.Elles sont toutes mariées et se sont regroupées pour s'entre- aider dans leurs activités.Elles se cotisent caque mois pour constituer une épargne qu'elles utilisent souvent comme caution à leurs demandes de prêt. La président du groupe(derrière en blanc) est mère de famille.Elle vend du poisson fumé et séché qu'elle cède à crédit à ses clients. Avec son bénéfice, elle prend en charge ses propres besoins et aide aussi son mari à entretenir les enfants. Le groupe sollicite un prêt de 990000f pour acheter des produits alimentaires, des tissus et des articles de mercerie. L'ambition des femmes est de toujours élargir leur commerce.

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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,041,875
    Funds lent in using Kiva
  • 496.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Linguère De Santhie Group's $2,000 loan helped a member to buy food items, fabrics and sewing notions for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2012
Listed
Mar 25, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013