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Andado Ligguey 2B Group
In this Group: Mboule, Fatou , Mariama Sadio, Adama , Awa
Madam Mboule is a woman who lives in the neighborhood of the branch. She is the president of the group of women Andado Ligguey 2B. She is the one who has raised her hand in the photo. She has been evolving in commerce for more than 10 years. Mboule is married and a mother. She needs this loan to go to the weekly market in Diaobé to buy brooms and a variety of other products there to then come resell them at the market. She helps her husband with the management of the daily expenses and her children's school fees. In the future she hopes to have her own funds in order not to take loans from mutual insurance companies anymore in order to improve the living conditions of her family.
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Madame MBOULE est une femme qui habite aux environs du Guichet. Elle est la présidente du groupement des femmes ANDADO LIGGUEY 2B. C'est elle qui a levé la main sur la photo. Elle évolue dans le commerce depuis plus de 10ans. MBOULE est mariée et mère de famille, elle a besoin de ce crédit pour aller au marché hebdomadaire de Diaobé pour y acheter des balaies et d'autres produits divers pour ensuite venir les revendre dans le marché. Elle aide son mari dans la gestion des dépenses quotidiennes et les frais scolaires de ses enfants. A l'avenir elle souhaite avoir ses propres fonds pour ne plus prendre de prêts dans les mutuelles et augmenter ses revenus afin d'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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 485.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Andado Ligguey 2B Group's $2,075 loan helped a member to buy brooms and resell them.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 30, 2013