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Makarimal Akhlakh Gpe 27 Group
In this Group: Fatou Mbacké, Awa, Mangoné, Mariama, Seynabou, Ndeye Coumba, Fatou Seye, Aissatou, Iba, Salka
Makarimal Akhlakh G 27 is a sub-group of Makarimal Akhlakh (an economic interest group) composed of ten women who work in the commerce sector. The president is named Fatou (with her hand raised in the photo). She is married and has a business selling clothing, perfumes, vegetables, and fish. She has over thirty years of experience in this business.

She is a member of a U-IMCEC branch, where she is requesting a loan for purchasing clothing, perfume, vegetables, and fish for resale. She will also be able to bolster her savings. Meanwhile, increasing her profits will enable her to save money and to improve her family's living conditions and well-being. Her future plans include developing her business by diversifying the products she offers.
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Makarimal akhlakh G 27 est un sous-groupe de Makarimal Akhlakh (groupement d’intérêt économique) composé de 10 femmes qui évoluent dans le secteur du commerce. La présidente se nomme Fatou (personne qui a levé la main sur la photo). Elle est mariée et exerce une activité de vente d’habits, de parfums, de légumes et de poissons. Elle a une expérience de plus de 30 ans dans son activité. Elle est membre d’un des guichets de l’UIMCEC ou elle sollicite un crédit prévu pour l’achat d’habits, de parfums, de légumes et de poissons destinés a la vente. Elle pourra aussi renforcer son épargne. En même temps, l'augmentation de ses bénéfices lui permettra d’épargner et d’améliorer les conditions de vie et le bien être de sa famille. Son futur projet consiste à développer son activité a travers une diversification des produits qu’elle offre sur le marché.

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

  • $1,759
    Average annual income
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,011,300
    Funds lent in using Kiva
  • 502.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Makarimal Akhlakh Gpe 27 Group's $5,975 loan helped a member to purchase clothing, vegetables, and fish to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014