Dox Jam 2 Group
The president, Ms. Anta Fall, does commerce in perfumes, incense, and shoes. She has acquired fifteen years of experience in this domain. She wants a loan to fulfill an order for shoes, which she is going to sell on credit. She can realize savings of 75,000 francs CFA per month.
Ms. Anta Fall is married and a mother with a family. Thanks to her work, she manages the day-to-day needs of her children and supports her husband in meeting daily expenses.
In the future, she would like to diversify her business and raise it to a higher level.
La présidente, madame Anta Fall fait du commerce de parfum,d'encens et de chaussures.Elle a acquis une expérience de 15 ans dans ce domaine.Elle veut un crédit pour satisfaire une commande de chaussures qu'elle va vendre à crédit.Elle peut réaliser des économies de 75000F CFA par mois.Elle est mariée et mère de famille. Grace à son activité, elle gère au quotidien les besoins de ses enfants et appui son mari dans la dépense journalière.Elle aimerait dans l'avenir, diversifier son commerce et le hausser à un plus haut niveau.
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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