Jubbo De Ndoune N 2 Group
The leader of the group is called Fatou, and she is the smallest one in the photo; she is married and a mother. Although her husband manages the daily expenses, this does not prevent her from making a contribution. This is her first experience of taking out a loan and she will use the loan to buy groundnut seeds and ferilizers for her farming.
She would like to increase her farming land so that she can do market gardening.
La responsable du groupe s’appelle Fatou,apparait sur la photo comme ètant de plus petite taille, elle est mariée et est mère de famille. Malgré que ce soit son époux qui gère la dépense quotidienne, cela ne l’empêche pas de participer aux dépenses familiales. C’est sa première expérience de crédit et ce dernier lui permettra d’acheter des semences d’arachide et de l’engrais pour les cultures.
Elle souhaite élargir son espace cultural pour faire du maraîchage.
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.
42View loans »
Success!! The loan was 100% repaid