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Gpf Halwar Group
In this Group: Aissata, Aminata, Fatou Cissé, Alarbèle, Marième
GPF HALWAR is a group which consists of five women who are involved in retail business. For their first loan, their are requesting 500,000 CFA francs, in order to boost their activity.

The leader of the group, Aissata, raises poultry on a small scale (she only owns 50 birds). She just started this activity a year ago. Thanks to the earnings generated through this business, she has been able to cover some of the expenses of her household.

This loan will help her to diversify her products and services since she will also buy dried fish and groundnut paste.

If she can obtain the support of financial institutions such as the UIMCEC, Aissata plans to expand her activity even further, as she would like to open a shop in which she will sell ready-to-wear clothing and cosmetics.
View original language description ↓
Le GPF Halwar regroupe 5 femmes qui font du commerce. Elles viennent solliciter pour la 1ère fois un crédit de 500000F CFA afin d’améliorer leur activité. La présidente, madame Aissata fait de l’aviculture à petite échelle avec seulement 50 sujets. Activité qu’elle a récemment démarrée depuis seulement 1 an. Grace aux revenus de son activité, elle réussi à gérer certaines dépenses du foyer.
Avec le crédit sollicité, elle pourra diversifier les produits et services en achetant du poisson sec, de la patte d’arachide…
Elle ira même plus loin puisque voulant ouvrir un magasin de vente de prêt à porter et produits cosmétiques si elle a l’appui de structures financières comme l’IMCEC.

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
  • 12
    View loans »
    Senegal Loans Fundraising
  • $12,846,900
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gpf Halwar Group's $1,000 loan helped a member to buy dried fish, groundnut paste and broiler chicken for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014