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Djiguene Bakhna 74 Group
In this Group: Magatte , Mbène , Awa , Madjiguène , Daouda
The group Djiguène Bakhna 74 is a mixed group composed of four women and a man. They live in the same district and do commerce at the same market. Their president, Magatte, is a 50-year-old woman who trades in grains; she has over ten years of experience in this business; she is a married mother of five children. She supports her husband in covering the family's day-to-day expenses.

With this loan, Ms. Magatte would like to purchase some grains, such as millet, peanuts, and corn to sell at the market. She comes to the market at 8:30 AM and leaves at 5 PM. For the future, she would like to open a grocery store at her house, which is near the market.
View original language description ↓
Le groupement Djiguène Bakhna 74 est un groupe mixte composé de 4 femmes et un homme, ils habitent le meme quartier et vont leur commerce dans le meme marché. Leur présidente Magatte est une famme de 50 ans qui évolue dans le commerce de céréales; elle a une expérience de plus de 10ans dans cet activité; elle est mfariée et mère de 5 enfants.Elle soutient son mari dans les dépenses quotidiennes de la famille. Avec cet crédit Madame Magatte voudrait acheter des céréales comme le mil, l'arachide et le maïs pour ensuite les revendre au marché. Magatte vient au marché à 8h 30mn pour le quitter à 17h 00. Pour le futur Madame Magatte souhaite ouvrir une boutique d'alimentation générale à la maison qui est près du 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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,851,075
    Funds lent in using Kiva
  • 501.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguene Bakhna 74 Group's $1,000 loan helped a member to purchase grains, such as millet, peanuts, and corn to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014