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Gie Booku Khoole N°2 Group
In this Group: Ndèye Ndiémé, Mbély, Ngénar, Awa, Fama
This loan group is an economic interest group called Booku Khoole n°2" and is composed of five members doing commerce in various goods. They formed a group by affinity. The president, Ms. Ndèye Ndiémé, is the one dressed in white in the photo with a notebook in hand. She sells a variety of grocery items, such as peanuts and beans. She supports her husband in covering the day-to-day household expenses. And thanks to her profits, she is improving her small business and managing minor personal problems of hers.
View original language description ↓
Le groupe de crédit est un GIE qui se nomme Book Khoole n°2 qui regroupe cinq membres qui font du commerce de divers produits. Elles se sont regroupées par affinité. La présidente madame Ndèye Ndiémé qui est habillé en blanc et qui tient le carnet à la main, évolue dans la vente de produits alimentaires divers comme des arachides, des haricots.
Elle appuie son époux dans les charges quotidiennes de la maison et grâces aux bénéfices elle améliore son petit commerce et règle ses petits problèmes personnels.

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.

Tags

About Senegal

  • $2,300
    Average annual income
  • 91
    View loans »
    Senegal Loans Fundraising
  • $13,891,275
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Gie Booku Khoole N°2 Group's $1,475 loan helped a member to purchase various food items to sell: peanuts, beans,...
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 1, 2013