Check out other loans that are currently fundraising!
Bokk Diom 36 Group
In this Group: Nogaye , Nogaye , Amadou , Magatte , Ndèye , Yacine , Mor , Bineta
Bokk Diom is a mixed group of six women and two men who live in the same neighborhood as the branch office.

The group president Nogaye has been preparing and selling couscous (made from mil) for over 6 years. She starts her day at 8 am to finish at 6 pm.

She uses the profits generated by this activity to help her husband in managing daily expenditures. She is requesting this 75,000 francs loan to buy millet, transform it into couscous, and finally sell it to her clients.

In the future she wishes to become a major exporter of grain.
View original language description ↓
Bokk Diom est un groupement mixte composé de 6 femmes et de 02 hommes qui habitent dans le meme quartier ou se situe le guichet. La présidente Nogaye évolue dans le commerce de céréales(couscou) depuis plus de 6 ans. Elle commence sa journée à 8h pour la terminer à 18h c'est avec les revenus qu'elle tire dans cet activité qu'elle aide son mari dans la gestion des dépenses quotidennes.Elle sollicite ce prêt de 75 000F pour acheter du mil, le transformer en couscous pour enfin le revendre à ses clients.A l'avenir elle souhaite devenir une grande exportatrice de céréales.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 508.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bokk Diom 36 Group's $1,150 loan helped a member buy millet to prepare couscous for sale to her customers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014