Daan Doolé Group
The head of the group is named Awa. She is a 40-year-old woman who is married and is a mother. Awa is a merchant and has three years of experience in her field. Awa does not have any dependents and is working towards her financial independence so that she will no longer need to depend on receiving loans.
La responsable, madame Awa est une femme âgée de 40 ans, mariée et mère de famille. Elle fait du commerce et a acquis une expérience de 3 ans dans ce domaine. Elle n’a aucune charge et travaille pour avoir son autonomie financière et ne plus faire recours au crédit.
About UIMCECThis 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.
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Success!! The loan was 100% repaid