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Sope Naby Ndiol Group
In this Group: Aya , Aicha , Marème , Maïmouna , Sali , Mbarka , Woury, Amy , Ndèye , Assa
SOPE NABY NDIOL is a group made up of 10 women who all live in the same village and who are in the same business. The president’s name is Aya, who is a 44-year-old married mother. She is in agriculture and has 4 years of experience in it. She has no particular expenses and starts her day at 9am and finishes at 7pm. She seeks this amount to buy grains and resources for truck farming. In the future, she hopes to augment her earnings and save money thanks to the help of the institution. She also would like to improve her family’s living conditions and the grow her farmable land.
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SOPE NABY NDIOL est un groupement de promotion féminin qui est composé de 10 femmes qui habitent toutes dans le même village et pratiquent les mêmes activités. La présidente s’appelle AYA , c’est une femme âgée de 44ans et elle est mariée et mère de famille. Elle pratique l’agriculture et a une expérience de 4ans dans cette activité. Elle n’a pas de charges particulières et commence sa journée à 9h pour la terminer à 19h. Elle demande ce montant pour acheter des semences et des intrants pour pratiquer son maraichage. A l’avenir elle souhaite augmenter ses revenus et épargner de l’argent et cela grâce à l’aide de l’institution. Elle voudrait aussi améliorer les conditions de vie de sa famille et augmenter ses surfaces cultivables.

Additional Information

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 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
  • 37
    View loans »
    Senegal Loans Fundraising
  • $13,284,725
    Funds lent in using Kiva
  • 475.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Sope Naby Ndiol Group's $2,125 loan helped a member to buy grains and resources for truck farming.
92% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 11, 2014
Listed
Apr 21, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015