Ya Salam Group
Their president is Awa, seen in the photo with her hand raised. She is married and has children.
Awa sells basic foodstuffs such as rice, sugar, oil, soap, milk powder, breakfast products, etc. She is not financially responsible for anyone but herself. Awa has requested this loan in order to buy these products for resale to her customers. She has four years' experience in her business and works from 9am to 7pm. Awa would like to strengthen and diversify her business.
In the future, she would like to use loans from the field partner to open her own shop to attract more customers, and increase her earnings.
More information about this loan
To reach borrowers who would not normally qualify for loans, UIMCEC has developed partnerships with a number of local organizations created by the poor to promote savings and mutual support. Most members of these organizations take group loans from UIMCEC. Some group members have larger businesses requiring more capital, and therefore receive individual loans. To meet their needs, UIMCEC is offering this loan at a lower interest rate with no material guarantee requirement. By supporting this loan, you are helping poor borrowers access credit at lower interest rates.
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
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Success!! The loan was 100% repaid