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Dan Dolle Group
In this Group: Khady , Ndèye Ndobou, Anta , Awa , Khady , Fanta, Diariétou , Khady Thiam, Rokhaya , Oumou Kantoum
Dan Dolle is an economic interest group composed of 10 people. They live in the same neighborhood and work together. Khady, the group's president, has her hand raised in the photo. She is a married mother who helps her husband manage their family's daily expenses. She has more than 5 years of business experience, starting her day at 9am and finishing at 7pm. Her business is to buy crates of fresh fish on the dock of her town and then bring them to the market to sell to housewives. She will use this loan to grow her working capital, diversify her stock of seafood, and increase its quality to better satisfy her customers. In the future, she would like to live comfortably and be financially independent.
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DAN DOLLE est un groupement d’intérêt économique qui est composé de 10 personnes. Elles habitent dans le même quartier et fond ensemble la même activité. Leur présidente s’appelle Khady, c’est elle qui a levée la main sur la photo. Elle est marié et mère de famille qui aide son mari dans la gestion des dépenses quotidiennes. Elle a une expérience de plus de 5 ans dans son activité et commence sa journée à 9h pour la terminer à 19h. Son activité consiste à acheter des caisses de poissons frais sur le quai de sa commune et ensuite les amener au marché et les vendre aux ménagères. Ainsi elle sollicite ce montant pour renforcer son fond de roulement et diversifier ses produits de mer et augmenter la qualité afin de pouvoir satisfaire ses clients. A l’avenir elle voudrait vivre dans le confort et avoir une autonomie financière.

Additional Information

More information about this loan

To reach women 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. Previously, UIMCEC was unable to serve these borrowers because they could not provide a guarantee or afford to pay standard interest rates. By supporting this loan, you are helping poor borrowers access credit at  lower interest rates.

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.

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About Senegal

  • $1,759
    Average annual income
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 472.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Dan Dolle Group's $1,075 loan helped a member to purchase crates of fresh fish for reselling.
99% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2014
Listed
Mar 8, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014