Ms. Fatou is the president of the mixed group Djiguène Bakhna 47, which comprises four women and one man. They all live in the same district and work at the same commune market. Fatou is about 40 years old, married, and the mother of six children. She is a merchant working at selling fruits, such as oranges, clementines, mangoes, watermelon, etc. Her main expense is supporting her husband in covering day-to-day expenses. Ms. Fatou has twenty years of experience in this business. She starts her day at 9 AM and finishes at 8 PM. For the future, she would like to increase her revenues with the help of the microfinance institution U-IMCEC, to diversify her business, and especially to raise livestock at home.
Madame Fatou est la présidente du groupement mixte Djiguène Bakhna 47 qui est composé de quatre femmes et un homme. Ils habitent tous le meme quartier et travail dans le meme marché de la commune. Fatou est une femme d'une quarantaine d'année qui est mariée et mère de 6 enfants. Elle est commercante qui évolue dans le vente des fruits comme les oranges clémentines, les mangues, les pastèques etc...Sa principale charge est d'appuyer son mari sur les dépenses quotidiennes. Madame Fatou a une expérience de 20 ans dans son activité.Elle commence sa journée de 9h pour la terminer à 20h.A l'avenir elle souhaite augmenter ses revenus avec l'aide de l'imcec et diversifier ses activités surtout faire le l'embouche chez elle.
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.