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Les Lingueres De Falokh Serre Group
In this Group: Seyni, Adama, Ngone, Ndeye, Ndeye, Marietou
Working together as a group named « Les Lingueres », these women, each whom is married with children, have started a business selling food products (rice, grains, milk, soap, peanut butter) to earn a living and to free themselves from the financial authority of their husbands. For two years they have been working with UIMCEC thanks to the various loans that they have been granted. The loans they obtain help strengthen the business income that they each earn by allowing them to purchase increased amounts of product to sell.

Translated from French by Allana Carlyle, Kiva volunteer.

Réunues au sein d'un groupement dénommé les lingueres ,ces femmes toute mariée et mére de plusieurs enfants ont initié des activités de vente de produits alimentaires (riz ,céréales ,lait,savon, pattes d 'arachide ) pour gagner leur vie et s'affrachire financierement de la tutelle de leur mari.Pendant deux (02); elles sont accompagnées par l ' UIMCEC grace à differents prets qui leur sont octroyer.Les prets obtenus servent à renforcer le fonds de commerce de chacune d'elle par l "achat de quantités plus importante de marchandises.

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
  • 36
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 446.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Les Lingueres De Falokh Serre Group's $1,125 loan helped a member business capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 15, 2008
Listed
Sep 1, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009