Sant Yalla Kahone Group
They rented a house which serves as a workshop, showroom and point of sales. The revenue generated from these activities enables them to both support themselves and their families.
The group's president is a married woman, mother of three. She practiced dyeing for over 10 years and is the supervisor of the group. She also engages in embroidery and beading.
To bolster their working capital, the women are requesting a loan of 500,000 francs to buy fabrics and dyes. Their ambition is to open a large store in the center of town to better sell their products.
Elles ont loué une maison qui leur sert d'atelier et de salle d'exposition - vente.Les revenus tirés de cette activités leur permettent de subvenir à leurs besoins et de soutenir leurs familles . La présidente du groupe est une femme mariée , mère de trois enfants. Elle pratique la teinture depuis plus de 10 ans et est l'encadreur du groupe.Elle fait aussi de la broderie et du perlage. Afin de renforcer leur fonds de commerce, les femmes sollicitent un pret de 500000f pour acheter des tissus et des colorants.Elles ambitionnent d'ouvrir un grand magasin en centre ville pour mieux écouler leur production.
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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