And Disso groups together 5 women who live in a small village located in the neighbourhood of the main town. Astou is their leader and sells seafood. She has 3 years experience in this line of work. She is requesting this loan to buy dried and smoked fish, and a variety of seafood which is part of the most popular local dish; gumbo soup. She has not got enough inventory as demand is stronger than supply. Astou is not burdened by any debt. She would like to eventually sell fish which is also popular with the inhabitants.
And Disso regroupe cinq femmes qui habitent dans un petit village situé aux environs de la ville principale. Madame Astou est leur tête de liste, elle s’active dans la vente de fruits de mer. Elle a une expérience de 3 ans dans ce domaine. Elle sollicite ce crédit pour acheter du poisson séché et fumé, des variétés de fruits de mer qui entrent dans la préparation du plat le plus apprécié : la soupe au gombo ; ce qui fait que ses produits ne suffisent même pas, la demande est plus forte que l’offre.
Astou n’a pas de charges qui l’encombrent. Elle aimerait un peu après, y associer la vente de poisson qui est aussi demandé par les populations.
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.