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Khekh Niakk1 Group
In this Group: Fatou, Khady, Maimouna, Faty, Ndeye
Khekh Niakk 1 is a group of five women who live in the Diakhao quarter. They have been active in the commerce of dyed fabrics for a long time.
View original language description ↓
khekh niakk 1 est un groupe de cinq femmes qui habitent au quartier Diakhao.Elles s'activent dans le commerce de tissus teints depuis longtemps.

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
  • 54
    View loans »
    Senegal Loans Fundraising
  • $13,033,575
    Funds lent in using Kiva
  • 452.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Khekh Niakk1 Group's $1,125 loan helped a member sale of dyed fabrics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 6, 2008
Listed
Sep 22, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2009