Djiguène Bakhna 6 Group
The group’s leader, Mrs. Mame Bousso, has been in commerce for 15 years. With the credit requested, she is going to buy two boxes of clementine tangerines, 80 kg [176 lbs] of oranges and 50 kg [110 lbs] of ordinary tangerines. It should be noted that Mame Bousso contributes to the everyday expenses of her family. She would to increase her purchasing power with the increase of her work capital, thanks to the support of IMCEC
La présidente, Madame Mame Bousso, s’active dans le commerce depuis 15 ans. Avec ce crédit qu’elle sollicite, elle va acheter 2 cartons de mandarine clémentine ,80 kg d’orange et 50kg de mandarine simple. Il faut noter que Mame Bousso participe aux charges quotidiennes de sa famille.
Elle aimerait augmenter son pouvoir d’achat si son fond de roulement peut augmenter et cela avec l’appui de l’IMCEC.
About UIMCECThis 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.
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