Comite De Pesee Sampathe Group
Fatou, the group's leader, is the one raising her hand in the photograph. She's been a merchant for eight years. She sells food products, such as rice, sugar, oil, and soap.
She runs this business in order to help her husband cover the daily expenses of her household. She starts her day at 8 in the morning, and finishes at 6 in the evening.
With help from the loaners, she ambitions to open a cosmetics shop.
FATOU, qui dirige le groupe, s’identifie par sa main levée sur la photo, exerce cette activité depuis 8 ans. Elle fait de la vente de produits alimentaires comme le riz, le sucre, l'huile et le savon . Elle fait ce métier pour aider son mari dans la gestion de la dépense quotidienne du foyer. Elle commence sa journée à 8h pour la terminer à 18h. Elle a comme ambition d’ouvrir une boutique de produits cosmétiques avec l’appui des préteurs.
About UIMCECThis 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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Success!! The loan was 100% repaid