The Sandiguème group is made up of two women. They are both married with children. They got together to give each other mutual support in their sheep fattening businesses. They purchase sheep at low prices, share them out, and sell them at the local market after seven months of fattening. They manage to obtain fairly substantial incomes which enable them to provide for themselves and for their families. The leader of the group (on the right in the photo) has two children. She fattens her livestock at home and gives her husband considerable help with the expenses and upkeep of their family. She requests a loan of 100 000f to buy sheep.
Le groupe "Sandiguème" se compose de deux femmes.Elles sont mariées et ont des enfants.Elles se sont mis ensemble pour se soutenir mutuellement dans leurs activités d'embouche ovine. Elles achètent ainsi des moutons à des prix bon marché,se les partagent et les revendent sur le marché local après les avoir engraissé au bout de 7 mois.Elles parviennent à obtenir des revenus assez consistants leur permettant de subvenir à leurs besoins ainsi qu'à ceux de leurs familles respectives. Le chef du groupe( à droite sur la photo), est mère de deux enfants. Elle fait l'embouche à domicile et aide beaucoup son mari dans les dépenses d'entretien de leur famille.Elles sollicitent un pret de 100 000f pour acheter des moutons.
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.