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Booku Diom Kanda Group
In this Group: Adama , Faty Diallo , Awa , Fatou
Booku Diom Kanda Group is made up of four women, who are all married and with children. Their trade is selling fabrics and cosmetics. They purchase the products wholesale and share out between them, accordingly to each other's contribution.

The group's leader (wearing a black scarf in the photograph) is the mother of three children. She sells her products at her home, in a small shop in front of her house.

The income earned from this business enables the women to provide for themselves, but also to improve the feeding conditions of their respective family.

To bolster their working capital, the members of the group are seeking a loan of XOF 500'000 in order to purchase fabrics and cosmetics.
View original language description ↓
Le groupe "Booku Diom Kanda" se compose de quatre femmes.Elles sont toutes mariées et ont des enfants.Elles exercent dans le commerce de tissus et de produits cosmétiques.Elles achètent en gros et se partagent les marchandises en fonction de l'apport de chacune d'elles.Le chef du groupe ( en foulard noir) est mère de trois enfants.Elles vend ses produits à domicile dans une cantine implantée devant sa maison.Les revenus tirés de ce commerce permettent aux femmes de prendre en charge leurs propres besoins mais également d'améliorer les conditions alimentaires de leurs familles respectives.Afin de renforcer leur fonds de commerce, elles sollicitent un pret de 500000f pour acheter des tissus et des produits cosmétiques.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 517.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Booku Diom Kanda Group's $975 loan helped a member to purchase fabrics and cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 29, 2012
Listed
Jun 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013