The TAKKU LIGGEY DIALMA 5 group is made up of women who work at selling various articles, from fruit juice to soap and other household items. They have set up their association to struggle against poverty and inactivity of women. Since the creation of their association, they each manage to satisfy their needs without counting on their husbands.
In order to bolster their businesses and increase their working capital, they are asking for a loan.
Le groupe TAKKU LIGGEY DIALMA5 regroupe des femmes qui oruvrent dans le cmmerce de produits divers alant de la vente de jus de fruit au savon et autre article de menage.elles ont crée leur association pour lutter contre la pauvrete et inactivité des femmes.depuis la création de leur association ,elles parviennent à satisfere individuellement leurs bsoins sans attendre leurs maris.
Pour renforcer leurs activité et accroitre leur fonds de roulement elles sollicitent un pret.
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.