The Thialy-Maka credit group comprises four women who all live in the same neighborhood. They are very resourceful and help their husbands to manage their households. The leader of the group, Salamata Demba, is 53 years old and the mother of nine children between the ages of 34 and 15. She has been involved in commerce for seven years and sells various goods. She has requested a fifth loan in order to develop her small retail business and to meet her customers' demand. In the future, she would like to buy a farm, in order to raise a large number of livestock.
Le groupe de crédit Thialy-Maka est un groupe qui rassemble 4 femmes qui vivent dans le même quartier. Elles sont très débrouillardes et épaulent leurs maris dans la gestion de la maison. La présidente, madame Salimata Demba âgée de 53 ans a 9 enfants dont l’ainé a 34 ans et le plus jeune, 15 ans. Elle fait du commerce depuis 7 ans en vendant des produits divers. Elle vient solliciter pour la 5ème fois un crédit afin d’améliorer son commerce et satisfaire la demande.
Elle a comme projet futur, d’acquérir une ferme pour faire de l’élevage en grande quantité.
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.