Check out other loans that are currently fundraising!
Bollo Moy Dolée Group
In this Group: Madjiguène , Ndèye Anta , Marème , Fatou , Seynabou
The loan group Bollo Moy Dolée comprises five persons who live in the same district and who are gathered into a loan group to improve their revenue-generating businesses. In the group, the work is varied, since some of them work in commerce, other in food service, and still others in the clothing trades.

The president, Ms. Madjiguène, aged 44 , is a woman who has been selling fabrics, such as 'thioups', damasks, and Wax 'pagnes' (the colorful cloth of western Africa) for five years now. In the photo, she is the one with her hand raised. She is managing her small family and their day-to-day expenses. She works to improve her family's living conditions, which is her greatest concern. For the future, Ms. Madjiguène would like to increase her income, so as to avoid the need for loans.
View original language description ↓
Le groupe de crédit Bollo Moy Dolée regroupe cinq personnes qui habitent le même quartier et qui ce sont regroupés en groupe de crédit pour améliorer leur activités génératrices de revenus. Dans le groupe, les activités sont variées, car y a en qui font du commerce, d’autres de la restauration, d’autres encore de la couture. La présidente, madame Madjiguène agée de 44 ans, est une dame qui fait de la vente de tissus comme les Thioups, Bazins et Wax et cela depuis 5 ans maintenant. Sur la photo, elle a levé la main. Elle gère sa petite famille et leurs dépenses quotidiennes. Elle travaille pour améliorer les conditions de vie de sa famille c’est son plus grand soucis. A l'avenir Madame Madjiguène souhaite augmenter ses revenus pour ne plus avoir besoins de crédits

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
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 501.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bollo Moy Dolée Group's $500 loan helped a member to purchase 'thioups' fabrics, damask, and wax cloth to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013