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Gpf Diacksao Group
In this Group: Oumou, Penda, Aissata, Aissata, Dewel Bocar
GPF Diaksao is a grouping of five women from the same family, who trade in order to improve their living conditions as well as those of their families. The group is managed by the lady, Oumou, who is 65 years old and who has been selling fabrics for the past four years. She has nine grown-up children, the eldest of whom is 30 years old and the youngest 18. She carries out her trade solely to contribute to the family's expenses in view of her advanced years. She has a customer base in the neighborhood and moves very little to sell her products. She would, however, like to vary her activity by selling groceries as well, doing this locally by opening a shop not far from her home.
View original language description ↓
Le GPF Diacksao regroupe 5 femmes de la même famille qui font du commerce pour améliorer leurs conditions de vie et celle de leur famille. Il est dirigé par la dame Oumou qui est âgée de 65 ans et qui fait du commerce de tissus depuis 4 ans. Elle a 9 grands enfants dont le plus âgé a 30 ans et le cadet, 18 ans .Elle ne fait le métier que pour appuyer aux charges familiales vu son âge avancé. Elle possède une clientèle dans le quartier et ne fait pratiquement pas de déplacement pour vendre ses produits.
Elle souhaitera cependant varier son activité en y ajoutant la vente de produits alimentaires ; rester sur place en ouvrant une boutique non loin de chez elle.

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
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    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 Diacksao Group's $1,000 loan helped a member to buy fabrics 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:
Oct 17, 2013