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Groupe Jubo De Sop
In this Group: Fatou, Mbissine, Mariama, Yacine, Gnilane
The JUBO group from SOP was created a year ago and is made up of five women who are active in the trade of foodstuffs. They get their supplies wholesale in the large neighboring village to theirs including fresh vegetables, fish and other diverse products that they resell retail on tables in front of each of their homes.

They manage with this business to generate fairly significant income which allows them to meet their own needs and to support from time to time their husbands in taking care of the maintenance costs for their children. They are requesting a loan of 400,000f to buy products and foodstuffs. Their goal is to practice cattle fattening.
View original language description ↓
Le groupe JUBO de SOP est constitué il y aun an de cinq femmes qui s'activent dans le commerce de denrées alimentaires.Elles s'approvisionnent en gros dans la grande localité voisine de la leur en légumes frais, en poisson et autres produits divers qu'elle revendent en détail sur des tables installées devant le domicile de chacune d'elles. Elles parviennent avec ce commerce à générer des revenus assez interessants qui leur permettent de subvenir à leurs propres besoins et d'appuyer de temps en temps leurs maris dans la prise en charge des dépenses d'entretien de leurs enfants. Elles sollicitent un pret de 400000f pour acheter des produits et des denrées alimentaires.Elles ambitionnent de faire de l'embouche bovine.

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
  • $13,284,725
    Funds lent in using Kiva
  • 523.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Groupe Jubo De Sop's $775 loan helped a member to buy products and foodstuffs.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 23, 2012
Listed
May 30, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2013