The 5 women of the "Gpf takku liggey keur babou ngoné" group own a field collectively and farm groundnuts. They also cultivate vegetables and sorrel individually. This enables them to improve their family's food conditions. The sale of their collectively farmed produce ensures extra revenues so that they can meet some of their own needs and those of their children.
The group's leader (holding the notebook and wearing a white scarf) is the mother of 4 children. She is responsible for their clothing expenses and health care.
The group is currently requesting a loan of 500 000 francs with which to buy seeds and fertilizer, so that they can increase their production capacity.
Les cinq femmes du groupe "Gpf takku liggey keur babou ngoné" exploitent un champs collectif d'arachide.Elles cultivent aussi chacune de son côté des légumes et de l'oseille.Cela leur permet d'améliorer les conditions alimentaires de leurs famille.La vente de la production collective leur assure en plus des revenus pour subvenir à certains de leurs propre besoins et de leurs enfants. Le chef du groupe (avec le carnet, en foulard blanc), est mère de quatre enfants.Elle a en charge leurs dépenses d'habillement et de santé.Aujourd'hui,le groupement sollicite un pret de 500000f pour acheter des semences et de l'engrais afin d'augmenter leur capacité de production.
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.