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Afde No 20 Group
In this Group: Maimouna, Ngoye, Raky, Aissatou, Penda
“Association Femme Développement Entreprise Numéro 20” is composed of five women who average 45 years of age and who live in large traditional extended families in the Cité Lamy district in Thiès, a city located 70 km from Dakar, the capital of Sénégal. These women know one another through ties of community and kinship, and they do almost the same work, selling fish and vegetables. They are very experienced and in high demand in this business.

With regard to improving the quality of their services and expanding their businesses, the members of this reliance group decided to join the micro-finance institution IMCEC. They received a group loan before from IMCEC, and they indeed repaid it.

The group members plan to use this loan to replenish their stock of fish and vegetables, which they will sell retail in cash transactions at the Grand Thiès marketplace. Fish is an essential part of Senegalese cuisine, so there is always a lot of demand.

The group members hope to realize an average profit of 20,000 francs CFA in the course of this cycle. The profits will be used to make loan interest payments, to provide for family needs, and to invest the rest in business.

View original language description ↓
Les cinq femmes du groupe Association Femme Développement Entreprise Numéro 20 ont une moyenne d’âge de 45 ans et vivent dans des grandes familles traditionnelles élargies au quartier Cité Lamy à Thiès, une ville de 70 kilomètres de Dakar, le capital de Sénégal. Elles se sont connues à travers des liens de voisinage et de parenté. Elles exercent presque la même activité de vente de poissons et légumes. Elles sont bien expérimentées et très sollicitées dans ces activités. Dans le cadre de l’amélioration de la qualité de leurs services et l’agrandissement de la taille de leurs activités, les membres du groupe confiance ont décidé d’intégrer l’institution de microfinance l’IMCEC. Elles ont déjà reçu un prêt de groupement auprès de l’IMCEC, et elles l’ont bien remboursé. Elles comptent utiliser ce prêt pour reconstituer leur stock de poissons et légumes qu’elles vont vendre en détail, au comptant au marché grand Thiès. Les poissons font partie essentiel de la cuisine sénégalaise, donc il y a toujours beaucoup de demande. Elles espèrent réaliser un bénéfice moyen de 20 000CFA au cours de ce cycle qui sera utilisé pour rembourser les intérêts du prêt, subvenir au besoin de la famille et investir le reste dans les activités.

Additional Information


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.

About Senegal

  • $2,300
    Average annual income
  • 0
    View loans »
    Senegal Loans Fundraising
  • $15,218,925
    Funds lent in using Kiva
  • 495.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Afde No 20 Group's $1,025 loan helped a member to buy fish and vegetables.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 3, 2009
Apr 9, 2009
Currency Exchange Loss:
Jan 15, 2010