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Takky Ligueye Mbodiene Group
In this Group: Fatou , Asta , Fabaye, Fabinta , Binetou, Rokhaya, Awa , Fama , Fatma, Aïda
TAKKU LIGUEYE is a women’s group of 10 members. They all live in the same village and get together whenever necessary. The group’s president is Fatou, whose hand is raised in the photo. A very brave woman, she is a leader for her colleagues in the development of their community.

Fatou is married with two children. She is responsible for her family’s day-to-day expenses and her children’s tuition fees. To that end, she runs a commercial activity selling cereals. She works from 9 A.M. to 4 P.M., and she has over 3 years of experience doing this.

Fatou is seeking this loan to stock up on millet, maize, groundnuts and beans to sell. Her goals for the future are to hold a larger share of the market and to someday become self-sufficient with the help of the MFI.
TAKKU LIGUEYE est un groupement de promotion féminin qui est composé de 10 personnes. Elles vivent toutes dans le même village et se réunissent à chaque fois que le besoin se présente. Elles ont par présidente la dame Fatou qui a levé la main sur la photo. C’est une femme très brave qui conduit ses consœurs dans le développement de leur commune. Mariée et mère de 02 enfants, Fatou gère les charges des dépenses quotidiennes de sa famille et les frais de scolarité de ses enfants. Elle évolue dans la commercialisation des céréales et sollicite ce montant pour acheter du mil, maïs, arachides et des haricots pour ensuite les vendre. Elle a une expérience de plus de 3 an et démarre sa journée à 9h pour la terminer à 16h de l’après – midi. A l’avenir elle souhaite gagner d’avantages de parts dans la marché et devenir autonome grâce à l’institution.

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

  • $2,300
    Average annual income
  • 89
    View loans »
    Senegal Loans Fundraising
  • $13,894,575
    Funds lent in using Kiva
  • 482.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Takky Ligueye Mbodiene Group's $1,050 loan helped a member to stock up on millet, maize, groundnuts and beans to sell.
Repayment Term
24 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2014
Listed
Jun 9, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 9, 2014