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Jeff Dieul De Darou Pacathiaré Group
In this Group: Saliou, Cheikh
This two-person group, called « Jeff Dieul Darou Pacathiaré », gathers men who are involved in cattle fattening. Saliou, the group's representative, has more than ten years of experience in this field of work. He inherited his father's business, as his father used to own a herd of cattle. He is now requesting a loan in order to increase his herd through the purchase of one or two cows. He will then be able to improve his family's food conditions and pay for his children's school fees. In the future, he is planning to acquire a plot of land on which he will grow millet, maize and groundnut.
View original language description ↓
Un groupement mixte appelé « Jeff Dieul Darou Pacathiaré » regroupe des hommes qui font l’embouche. Saliou, le responsable moral a une expérience de plus de 10 ans dans ce milieu. Il a hérité l’activité de son père qui possédait un troupeau de bœufs. Depuis lors, il veut renforcer un à deux vœux avec le crédit sollicité. Il pourra alors améliorer les conditions alimentaires de la famille, payer la scolarité de ses enfants.
Dans l’avenir, il veut chercher un terrain et cultiver du mil, du mais de l’arachide.


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.

Tags

About Senegal

  • $1,759
    Average annual income
  • 18
    View loans »
    Senegal Loans Fundraising
  • $12,848,050
    Funds lent in using Kiva
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Jeff Dieul De Darou Pacathiaré Group's $525 loan helped a member to buy some cattle for fattening and resale.
0% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 23, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
Possible