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And Liggey De Ndiotté Mor Group
In this Group: Mapathé, Mame, Adama, Demba, Aliou
The And Ligge de Ndiotte Mor loan group is made up of a family: father, mother and three children, who are all active farmers. The own a family field which they still farm together. The father, who is called Mapathé, is responsible for the group and is 70 years old. The loan will be used to buy inputs, seeds and fertilizer for farming their common field. Farming is the principal source of income for the family.

Mapathé would like to create a family business and diversify its income-generating activites to improve the family's living conditions.
View original language description ↓
Le groupe de crédit And Liggey de Ndiotte Mor regroupe une famille composée du père, de la mère et des trois enfants qui s’activent dans l’agriculture. Ils possèdent un champ familial qu’ils exploitent toujours ensemble. Le père de famille est le responsable du groupe, il s’appelle Mapathé, âgé de 70 ans. Le crédit leur servira à acheter des intrants, des semences et de l’engrais pour cultiver leur champ en commun. L’agriculture est la principale source de revenus de la famille.
Monsieur Mapathé veut créer une entreprise familiale, et diversifier les activités génératrices de revenus pour améliorer les conditions alimentaires de la famille.

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
  • 92
    View loans »
    Senegal Loans Fundraising
  • $13,835,375
    Funds lent in using Kiva
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of And Liggey De Ndiotté Mor Group's $1,050 loan helped a member to buy inputs, seeds and fertilizer for farming.
92% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015