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Ifan Nafa Group
In this Group: Khady, Yaye, Ndéye, Jean Pierre
This mixed group works in river transport between Ziguinchor and Sédhiou. They are asking for a loan to buy needed fuel. With their businesses the members of IFAN NAFA manage to satisfy their needs.
View original language description ↓
Ce groupement mixte s'investit dans le transport fluvial entre Ziguinchor et sédhiou; ils sollicitent un prêt pour acheter suffisament du carburant. Avec leurs activités les membres de IFAN NAFA arrivent à satisfaire leurs besoins sociaux

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
  • 28
    View loans »
    Senegal Loans Fundraising
  • $12,994,300
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ifan Nafa Group's $1,250 loan helped a member river transport.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 4, 2008
Listed
Oct 21, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009