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Takku Liggey 3 Kahone Group
In this Group: Fatou , Kanou , Mariama , Lobe , Ramatoulaye
Takku Liggey 3 Kahone Group comprises five married women and was established two years ago. Its members retail women's and children's clothing.

They get their supplies in the capital, located 82 km from their town. They resell retail either at their home, or on the weekly markets taking place all along the week in their region.

The income earned from their businesses enables the members of the group to provide for themselves, and most importantly, feed their families.

The group leader (in red) built a stand in front of her home to sell her merchandise. She offers her customers pants, dresses and woven pagnes (colorful African wax cloth). She is the mother of three children, whose school fees and clothing expenses she covers.

In order to bolster their working capital, they are seeking a loan of XOF 500'000 to buy clothes.
View original language description ↓
Le groupe"Takku liggey 3 kahone" qui se compose de cinq femmes mariées a été crée il y a deux ans.Ces membres s'activent dans le commerce en détails de vêtements pour femmes et enfants.Ils s'approvisionnent dans la capitale située à 82 km de leur localité.Elles revendent en détail leur marchandise soit à domicile ou dans les marchés hebdomadaires qui se tiennent tout le long de la semaine dans leur région.Cette activité leur rapporte des bénéfices qui leur servent à la prise en charge de leurs besoins mais aussi et surtout à l'alimentation de la famille .Le chef de groupe (en rouge)a installé une cantine en fer devant son domicile pour y vendre ses marchandises.Elle propose à ses clients des pantalons, des robes et des pagnes tissées. Elles est mère de trois enfants dont elles supporte tous les frais de scolarité et les dépenses d'habillement. Afin de renforcer leur fonds de commerce, les membres du groupe sollicitent un pret de 500000f pour acheter des vêtements.

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
  • 25
    View loans »
    Senegal Loans Fundraising
  • $13,297,500
    Funds lent in using Kiva
  • 520.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Takku Liggey 3 Kahone Group's $975 loan helped a member to buy clothes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013