A loan of $1,025 helped a member to buy cloth and shoes.

Afde N°9 Group's story

"Association Femme Développement Entreprise AFDE N°9" is a group composed of five women who average 45 years of age living in large traditional extended families in the Grand Thiés district (region of Thiès). The women know one another through ties of community and kinship, and they do almost the same work, selling cloth and shoes. They are in high demand in these fields.

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 and are now on their second solidarity loan (group loan). Their first loan was correctly repaid.

With this loan, the group members plan to build a sizable stock of cloth and shoes, which will be sold, cash accepted, at the grand marketplace of Thiès.

Each group member hopes to realize an average profit of 35,000 francs CFA in the course of this cycle. The profits will be used to make loan interest payments, to provide for the extended family, and to invest the rest in business.

In this group: Ndéye Aminata , Coumba , Salimata , Thiombé, Aïssatou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details