Sope Mame Diarra Group
The group’s representative is called Aminata. She is around 50 years of age, and has worked selling fabrics since 1986. Right now, with the upcoming Tabaski festival, she will be able to buy fabric, shoes and bed linen for resale.
Aminata is married and a mother, although she only needs to provide for herself. Her future plan is to build her own home, which she will then rent out to diversify her sources of income.
Elles ont comme responsable la dame Aminata, âgée de la cinquantaine, et qui s’active dans le commerce de tissus depuis 1986. Avec cette période qui coïncide avec les fêtes de Tabaski, elle va pouvoir acheter des tissus, des chaussures, des draps de lit pour les revendre.
Aminata est mariée et mère de famille, elle n’a pas de charge sinon ses propres besoins.
Elle a comme ambition de construire sa maison et de la mettre en location pour augmenter ses sources de revenus.
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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