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Book Yeugue Group
In this Group: Farma , Daour, Arame , Khady , Codou
This group is made up of five women who meet each day and who have dubbed themselves the Book Yeugue Group. They live in the same district and are all merchants. Farma is the president of the group at 51 years of age. She is a merchant who sells various products.

Farma has over five years of experience. She is married and the mother of seven children. This is her first experience with a loan, and she hopes it will allow her to improve her business selling local dyed fabrics (Thioub) and to improve the health and nutrition of her family.

With this loan Farma plans to improve and diversify her products for sale. Farma starts her day at 8 am and finishes working at 6 pm. She wants to expand her business to the point where she no longer needs to rely on loans.
View original language description ↓
Elles sont cinq à s’être réunis chaque jour en groupe et donnent le nom de BOOK YEUGUE à leur groupement. Elles logent le même quartier et font toute du commerce. Madame Farma est la présidente du groupe, agée de 51 ans et elle évolue dans la vente de produits divers. Elle a une expérience de plus de 5 ans. Elle est mariée et mère de 7 enfants. Elle en est à sa première expérience de crédit et cela lui permettra de renforcer son commerce de tissus teints (Thioub) et de pouvoir améliorer les conditions alimentaires de sa famille. Avec ce crédit elle compte renforcer et diversifier ses produits. Farma commence sa journée à 8h et la termine à 18h. Elle souhaite développer son activité à tel enseigne qu’elle n’aura plus besoin de crédit.

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
  • 48
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 497.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Book Yeugue Group's $1,025 loan helped a member to improve her business by purchasing local dyed fabrics (Thioub) and perfume to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014