Check out some available loans that are similar to this one!
Gie Booku Khoole N°4 Group
In this Group: Siré, Aida, Néné, Yama, Fatou
The economic interest group "Booku Khoole 4" is composed of five women who has been active in commerce for years. They are working towards the goal of living conditions for themselves and for their respective families. Their group leader, Ms. Siré, is in her 50's, and she sells grains at her house where she has set up a table. Thanks to U-IMCEC financing, she will be able to increase her funds and improve her business.
View original language description ↓
Le GIE Booku Khoole 4 est composé de 5 femmes qui s’activent dans le commerce depuis des années. Elles travaillent dans le but de pouvoir améliorer leurs conditions de vie et celles de leurs familles respectives. Elles ont à leur tête, la dame Siré âgée de la cinquantaine, qui vend des céréales dans sa maison où elle a dressé une table. Grâce au financement de l’IMCEC, elle pourra augmenter ses fonds et améliorer son activité.

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

  • $1,759
    Average annual income
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Gie Booku Khoole N°4 Group's $1,475 loan helped a member to purchase grains to resell.
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