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Sope Nabi Group
In this Group: Fatou, Fatimata, Mame Maly Sala, Tany, Ava Siby
These women, who live in the same neighborhood, set up this loan group so that they could request funding from IMCEC and increase their working capital; the loan group is called Sope Naby.

Their president, Fatou, buys ready-to-wear clothes and fabrics for resale. She sells on a door-to-door basis and her customers include the residents of the neighborhood and surrounding areas. She is married and contributes to the household expenses. She is 32 years old and has five children, the eldest of whom is 16 years old and the youngest five. Fatou adores her job and has ten years experience in this field. She has always dreamed of becoming a significant trader who could travel all over the world. While waiting to do this she would very much like to set up a shack to display her products.
View original language description ↓
Habitant le même quartier, ses femmes se sont regroupées en groupe de crédit pour venir solliciter un appui au niveau de l’IMCEC et pouvoir augmenter leur fond de roulement : c’est le groupe de crédit SOPE NABY.
Leur présidente, la dame Fatou, elle, achète pour revendre des habits prêts à porter et tissus. Elle fait de l’ambulant et compte sa clientèle parmi les habitants du quartier et son voisinage. Elle est mariée et participe aux charges familiales. Elle est âgée de 32 ans et a 5 enfants dont l’ainé a 16 ans et le cadet ,5. Fatou adore son métier et a une expérience de 10ans dans ce domaine. Elle a toujours rêvée de devenir une grande commerçante qui voyagerait à travers le monde entier. En attendant cela, elle aimerait beaucoup ouvrir une cantine ou elle ira exposer ses produits.

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

  • $2,300
    Average annual income
  • 90
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sope Nabi Group's $1,000 loan helped a member to buy ready-to-wear clothing for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014