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Book Khol  2 Group
In this Group: Mbély , Ndeye Ndiémé , Fama , Nguénar , Awa
The group "BOK KHOL 2" comprises five women who all work in commerce. They are married mothers with families. They sell cosmetics and fabrics. The profits derived from their businesses enable them to meet their own needs, as well as those of their families.

To bolster their business funds, they are requesting a loan of 500,000 francs to buy perfumes, fabrics, and other cosmetics. Their ambition is to buy stalls at the market in their town.
View original language description ↓
Le groupe "BOK KHOL 2" se compose de cinq femmes qui pratiquent toutes le commerce.Elles sont mariées et mères de familles. Elles vendent des produits cosmétiques et des tissus.Les revensus tirés de leurs activités leur permettent de prendre en charge leurs propres besoins ainsi que ceux de leurs familles.Pour renforcer leur fonds de commerce, elles sollicitent un pret de 500000f pour acheter des parfums, des tissus et d'autres produits cosmétiques. Elles ambitionnent d'acheter des cantines au marché de leur localité.

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
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 496.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Book Khol 2 Group's $1,025 loan helped a member to buy perfumes, fabrics, and other cosmetic products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013