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Elisabete Diouf Group
In this Group: Aissata, Coumba, Fatima, Dieynaba, Haby
This loan group is made up of five women from the same family, who all trade. They have christened their group Elisabeth Diouf, the name of a former prime minister of the country. They are on their third loan from IMCEC and want a renewal of the loan to increase their production and improve their daily businesses.

Their, president, Aissata, who is married and a mother, has been trading for the past three years. She buys products to resell "thiakry" (a dish made up of millet couscous and yoghurt). Assiata helps out with the household expenses and with this loan she can increase her stock. As a future project she would like to farm her own field and do market gardening.
View original language description ↓
Le groupe de crédit rassemble 5 femmes de la même famille qui font du commerce. Elles ont donné à leur groupement, le nom d’une ancienne première dame du pays : Elisabeth Diouf. Elles sont à leur 3ème crédit à l’IMCEC et veulent un renouvellement pour augmenter leur production et améliorer leur activité quotidienne.
Leur présidente, la dame Aissata, mariée et mère de famille, fait du commerce depuis 3 ans maintenant. Elle achète pour revendre du « thiakry ». Le « thiakry est un plat confectionné à partir de mil transformé.
Madame Aissata aide à la dépense quotidienne de la famille. Avec le crédit, elle pourra augmenter son stock de marchandises.
Comme projet futur, la dame Aissata veut exploiter son champ et y faire du maraichage.

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
  • 10
    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 Elisabete Diouf Group's $5,950 loan helped a member to buy millet and make it up into "thiakry" for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014