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Makarimal Akhlakh Gpe 26 Group
In this Group: Khary, Malado, Mame Fatou, Penda, Mame Mapeye, Mafre, Aminata, Ndebane, Khady, Fatou
Makarimal Akhlakh Gpe 26 is a sub-group of an economic interest group composed of ten women. The group brought them together, and they all work in the same sector of commerce. The women are represented by Ms. Khary (with her hand raised in the photo). She is married and active in commerce, principally in selling beverages for over seven years.

She is a member of a U-IMCEC branch, where she is requesting a loan with the aim of bolstering her working capital. Essentially, this loan will enable her to develop her business by augmenting what she sells. Thus, increasing her revenues through this financing will help to boost her savings and also to help improve her family's living conditions. Her future plans include acquiring a refrigerator for keeping her fish.
View original language description ↓
Makarimal Akhlakh Gpe 26 est un sous-groupe d’un groupement d’intérêt économique composé de 10 femmes. Elles se sont unies a travers le groupement et évoluent toutes dans le même secteur d’activité de commerce. Elles sont représentées par madame Khary (personne qui a levé la main sur la photo). C’est une femme mariée qui s’active dans le secteur du commerce principalement dans la vente de poissons depuis plus de 07 ans. Elle est membre de l’un des guichets de l’U-IMCEC où elle sollicite un prêt en vue de renforcer son fonds de roulement. En effet, ce crédit lui permettra de développer son activité à travers une augmentation de son offre de produit. De ce fait l’accroissement de ses revenus issus de ce financement pourra l’aider a renforcer le niveau de son épargne et aussi de participer a l’amélioration des conditions de vie de sa famille. Son futur projet consiste à acquérir un réfrigérateur pour la conservation de ses poissons.

Additional Information

About UIMCEC

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.

About Senegal

  • $2,300
    Average annual income
  • 93
    View loans »
    Senegal Loans Fundraising
  • $13,891,275
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Makarimal Akhlakh Gpe 26 Group's $6,050 loan helped a member to purchase fish to resell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014