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Gie Diappo Liggey Keur Kabe Group
In this Group: Kéba, El Hadji
Le Gie Diappo Liggey Keur Kabe Group was created a few years ago. Its main business is agriculture. Through its president Mr. Keba, Gie Group is asking for a loan to buy seeds, fertilizer, and pesticide, but also agricultural equipment to set up production of grain. Keba, dressed in blue, is a father and married to a woman. He is very active and initiated the creation of the Gie Group because he wanted to create jobs and show the importance of land and agriculture in the economic development of poor countries. With the revenues from his business, he takes care of his family and the education of his children. With the financial support he plans to obtain from IMCEC, he firmly believes in the success of his ambitions.
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Le GIE Diappo Liggey Keur Kabe, a été créé il y a quelques années de cela. Son activité principale consiste à l’exploitation de la terre donc l’agriculture. Par le biais de son président, monsieur, Kéba, le GIE vient solliciter un crédit pour l’achat de semences,d’engrais et de pesticides, mais aussi de matériel agricole pour mettre en place une unité de production de céréales.
Kéba, habillé en bleu, est un père de famille, marié à une femme. Il est très actif et l’initiative de faire naitre ce GIE vient de lui car il veut créer des emplois, montrer l’importance de la terre, de l’agriculture dans le processus de développement des pays pauvres. Avec les revenus de cette activité, il gère sa famille et l’éducation de ses enfants.
Avec l’appui qu’il pense obtenir de l’IMCEC, il crois fermement à la réussite de son ambition.

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

  • $1,759
    Average annual income
  • 45
    View loans »
    Senegal Loans Fundraising
  • $13,116,775
    Funds lent in using Kiva
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Gie Diappo Liggey Keur Kabe Group's $5,175 loan helped a member to buy seeds and fertilizer.
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 25, 2014
Listed
Jul 26, 2014
Currency Exchange Loss:
Possible
Expired:
Aug 25, 2014