The five women members of the group, "Takku liggey dialegne n°2," are retailers. They purchase fabric and notions wholesale, and the divide the products among each other based on each person's investment. They sell the products at the local markets, but also from their homes. While running the business is difficult, they have been able to make a sufficient profit which has helped them take care of their needs and the needs of their children. The leader of the group (in the middle with her hand raised), sells fabric. She is a mother of four. She is responsible for paying their school expenses and buying them new clothes and shoes. The group is requesting a loan of 250,000 cfa francs to buy fabric and sewing notions. They hope to one day do business in Gambia.
Les cinq femmes mebres du groupe"Takku liggey dialegne n°2" sont des commercantes.Elles achètent en gros des tissus et des articles de mercerie qu'elles se partagent en fonction de la part de chacune dans le capital de départ.Elles vendent leurs produits dans les marchés de leur localité mais également à domicile.Ce commerce malgré le fait qu'il est trés difficile, leur rapporte des revenus assez correctes qui leur permettent de prendre en charge certains de leurs besoins propres ainsi que les besoins de leurs enfants.Le chef du groupe ( au milieu,main levée), vend des tissus.Elle est mère de quatre enfants.Elle a en charge leurs frais de scolarité ainsi que leurs dépenses d'habillement.Actuellement, le groupe sollicite un pret de 250000f pour acheter des tissus et des articles de mercerie.Elles ambitionnent de faire des voyages de commerce en Gambie.
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.