The group called "Nanoor" which means "agreement" in the local language, is made up of six women all of whom are married. They sell food products in the weekly markets that are held throughout the week in different villages in the region. They buy the food wholesale to reduce the price, share out the products then resell them separately. This activity enables them to provide for themselves and their families.
Ndamba (wearing white) is the group leader. She is the mother of three children. One of the children goes to elementary school. Like the other women, she sells food products.
In order to enhance their businesses, they request a loan of 700,000F to purchase bags of millet, beans, and groundnut.
Le groupement "Nanoor" qui signifie "entente" en langue locale,se compose de six femmes toutes mariées. Elles exercent un commerce de denrées alimentaires dans les marchés hebdomadaires qui se tiennent le long de la semaine dans différents villages de leur région. Elles achètent en gros des denrées pour amoindrir le coût, se partagent les produits avant de les revendre séparément.Cette activité leur permet de subvenir à leurs propres besoins ainsi qu'à ceux de leurs familles.
Le chef de groupe( en blanc) se nomme Ndamba, elle est mère de trois enfants dont l'un fréquente l'école primaire.Elle exerce la même activité de commerce de denrées alimentaires que les autres femmes.
Afin de renforcer leur fonds de commerce, elles sollicitent un pret de 700 000f pour acheter des sacs de mil, de haricots et d'arachide.
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.