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Jappale Sor Daga 1 Group
In this Group: Astou , Awa , Mbène , Mansour, Nogaye
Living in the same district, 3 women and 2 men have formed a loan group to request support from the microfinance institution U-IMCEC for increasing their working capital. This loan group is: JAPPALE SOR DAGA 1.

Their president, Ms. Astou, purchases millet and sugar to make porridges, such as 'thiakry', and juice drinks that she sells to her customers. She goes door to door and counts as her customers the inhabitants of her district and neighborhood. She is married and helps cover family expenses. She is 53 years old and has five children, of whom the oldest is 16 years old, and the youngest is 5.

Astou loves her work and has thirty years of experience in this domain. She has always dreamed of becoming a major merchant who would travel the world over. In the meanwhile, she would like very much to open a stall, where she will display her food products and stay in one place, given her age.
View original language description ↓
Habitant le même quartier, 03 femmes et 2 hommes se sont regroupées en groupe de crédit pour venir solliciter un appui au niveau de l’IMCEC et pouvoir augmenter leur fond de roulement : c’est le groupe de crédit JAPPALE SOR DAGA 1.
Leur présidente, la dame Astou, elle, achète du mil et du sucre pour préparer des bouillies comme le Thiakry et des jus de fruits qu’elle revende à ses clients. Elle fait de l’ambulant et compte sa clientèle parmi les habitants du quartier et son voisinage. Elle est mariée et participe aux charges familiales. Elle est âgée de 53ans et a 5 enfants dont l’ainé a 16 ans et le cadet 5ans. Astou adore son métier et a une expérience de 30ans dans ce domaine. Elle a toujours rêvée de devenir une grande commerçante qui voyagerait à travers le monde entier. En attendant cela, elle aimerait beaucoup ouvrir une cantine ou elle ira exposer ses produits alimentaires et rester sur place vue son age.

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
  • 43
    View loans »
    Senegal Loans Fundraising
  • $13,001,375
    Funds lent in using Kiva
  • 495.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jappale Sor Daga 1 Group's $725 loan helped a member to purchase millet and sugar to make porridges, such as 'thiakry', and juice drinks to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014