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Fatou's Group
In this Group: Fatou , Kanou , Ramatoulaye , Mariama , Lobe
Takku Liggey 3 Kahone Group comprises five women, who all sell food products. They sell peanuts, millet, beans, and various condiments, either in front of their home, or at the market in their place of residence.

The leader of the group is married and the mother of three children. She sells condiments and vegetables on a large table set up in front of her home.

To bolster their working capital, the members of the group are seeking a loan of XOF 500'000 in order to buy food products.
View original language description ↓
Le groupement "Takku liggey 3 kahone" se compose de cinq femmes qui s'exercent toutes dans le commerce de produits alimentaires.Elles vendent des arachides, du mil, des haricots et divers condiments soit devant leurs domicile soit au marché de leur localité.La présidente du groupement est mère de trois enfants. Elles vend des condiments et des légumes sur une grande table installée devant son domicile.Afin de renforcer leur fonds de commerce, les femmes sollicitent un pret de 500000f pour acheter des produits alimentaires.

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
  • 38
    View loans »
    Senegal Loans Fundraising
  • $13,110,150
    Funds lent in using Kiva
  • 517.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatou's Group's $975 loan helped a member to buy food products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 20, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 2, 2013