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Diapando 5 Ndayane Group
In this Group: Ndèye Coumba, Marième, Oumy, Awa, Ndèye Seynabou
The Diapando 5 Ndayane credit group is made up of five women who are all involved in the same type of activity. They all sell various retail products.

Ndèye Coumba, who is in her sixties, is like a mother to the other members of the group. She sells fruits and vegetables, dry and smoked fish, and also sometimes some fabrics. She has been involved in this activity for several years already.

Ndèye Coumba contributes to her family's daily expenses and is able to help her husband with her earnings. She would like to have a stall and to be financially self-sufficient.
View original language description ↓
Le groupe de crédit Diapando 5 Ndayane regroupe cinq femmes qui évoluent dans le même secteur d’activité. Elles font du commerce de tout genre.
La dame Ndèye Coumba âgée de la soixantaine représente presque leur mère de par son âge. Elle fait du commerce de fruits et légumes, de poisson séchés et fumés et aussi dès fois de tissus. Elle le fait depuis plusieurs années déjà.
Elle participe à la dépense quotidienne de la famille en appuyant son époux avec les bénéfices reçus de l’activité. Elle désire avoir une cantine et autosuffisance financièrement.

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
Expired
A portion of Diapando 5 Ndayane Group's $1,975 loan helped a member to buy fruits and vegetables, dry and smoked fish, and also some fabrics for resale.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 1, 2013