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Takku Liguey Group
In this Group: Fatou Kiné, Khadidiatou , Marième , Aida , Amsatou , Anna , Khady, Marième , Awa , Ndèye Yacine
Takku Liguey Group is made up of ten women who live together in the same neighborhood. Their businesses are very similar.

The group's president, named Fatou, is 41 years old. She's the woman raising her hand in the photograph. She's a cultivator and she helps her husband cover daily expenses and her children's school expenses.

She's seeking a loan of XOF 100'000 to buy seeds and fertilizers for her farming business. She leaves her home at 8 in the morning, and comes back at 8 in the evening.

In the future, she would like to have a booth in the market, where she could sell her crops. Thus, she will be able to increase her income, improve the standard of living of her family, and put some money away.
View original language description ↓
L e groupement TAKKU LIGUEY est un groupement de promotion féminin qui est composé de 10 femmes et qui habitent ensemble dans le même quartier et font pratiquement les mêmes activités. Leur présidente s’appelle FATOU elle est âgée de 41 ans et c’est elle qui a levé la main sur la photo. Elle évolue dans le maraichage et aide son mari dans la gestion des dépenses quotidiennes et les frais de scolarité de ses enfants. Elle demande ce crédit d’un montant de 100.000 F pour acheter des semences et intrants pour la pratique de son maraichage. Elle quitte sa maison à 8h pour y revenir à 20h. Elle voudrait à l’avenir avoir une cantine au marché et y vendre ses récoltes. Ainsi elle pourra augmenter ses revenus et améliorer les conditions de vie de sa famille et épargner un peu d’argent à coté.

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

  • $2,300
    Average annual income
  • 42
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    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 Takku Liguey Group's $2,125 loan helped a member to buy seeds and fertilizers.
91% 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:
Feb 20, 2015