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Sope Serigne Babacar Sy Group
In this Group: Déthié , Fatou Binetou , Maimouna , Ndèye Awa , Fatou
The group Sope Serigne Babacar Sy is a mixed group made up of four women and a man living in the same area. They appointed Mr. Déthié as their president, his hand is raised on the photo.

He is a married man and a father. His business is the rental of sound systems for cultural days and religious ceremonies. He has 11 years of experience in this activity. Mr. Diéthié is requesting this amount of 200, 000 Francs to buy radios and to rent them out.

He manages the daily expenses of the family. He starts his day at 9 am and finishes at 3pm. He would like to receive more loans in order to diversify his activity and improve his family’s living conditions.
View original language description ↓
Le groupement Sope Serigne Babacar Sy est un groupe mixte composé de 4 femmes et d’un homme habitant le meme quartier. Ils ont nommé comme président Monsieur Déthié qui a levé la main dans la photo. C’est un homme marié et père de famille. Il évolue dans la location de sonorisation pour les journées culturelles et les cérémonies religieuses, il a une expérience de 11ans dans cet activité. Monsieur Déthié sollicite ce montant de 200.000F pour acheter des radios et les louer après. C’est lui qui gère les dépenses quotidiennes de sa famille. Déthié commence sa journée à 9h pour la terminer à 15h. Il voudrait bénéficier de plus de crédits en vue de diversifier son activité et améliorer les conditions de vie de sa famille

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.

About Senegal

  • $1,759
    Average annual income
  • 18
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 495.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sope Serigne Babacar Sy Group's $425 loan helped a member to rent out radios for cultural days.
100% repaid
Repayment Term
3 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013