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Makarimal Akhlakh Yoff 35 Group
In this Group: Mame Dado, Amy, Dioly, Niakhana B, Diarra, Khady, Fatou, Ndeye Fatou, Maguette, Magatte
"Makarimal akhlah g35" is a group of ten women from the same economic interest group called Makarimal Akhlah. The women are all active in commerce. Some of them work import-export, just like the group leader Mame Dado. She is an unmarried woman, and she appears in the photo with her hand raised.

Mame Dado is a member of a U-IMCEC branch where she is requesting a loan to bolster her working capital, so that she may be able to increase the amount of her various goods (fabrics, shoes, bracelets, … etc.) that she offers to her customers. The profitability of this financing will enable her to improve her family's food situation and to save more money to cope with the unexpected. Beyond this, she would like to obtain a larger loan enabling her to import transportainers.
View original language description ↓
Makarimal akhlah g35 est un groupe de 10 femmes issu du groupement d’intérêt économique Makarimal Akhlah. Elles s’activent toutes dans le secteur du commerce, et certaines d’entre elles font l’import-export à l’instar de leur chef de groupe Mame Dado. C’est une femme célibataire et elle s’identifie sur la photo par celle qui a levé la main. Elle est membre à l’un des guichets de l’U-IMCEC auprès duquel elle sollicite un prêt en guise de renfort pour son fonds de roulement afin qu’elle parvienne à augmenter la quantité de ses divers marchandises (tissus, chaussures, bracelets…etc.) qu’elle propose à sa clientèle. La rentabilité de ce financement lui permettra d’améliorer les conditions alimentaires de sa famille et de faire plus d’économies pour mieux faire face aux imprévus. Ultérieurement, elle voudrait bénéficier d’un autre financement avec une somme beaucoup plus consistante qui lui permettra d’importer des conteneurs.

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.

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About Senegal

  • $1,759
    Average annual income
  • 43
    View loans »
    Senegal Loans Fundraising
  • $12,997,975
    Funds lent in using Kiva
  • 504.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Makarimal Akhlakh Yoff 35 Group's $5,950 loan helped a member to purchase merchandise (fabrics, shoes, jewelry) to sell.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 1, 2013