A loan of $1,200 helped purchase of an irrigation pump, reservoir and pipes to irrigate vegetable field.

Amsatou's story

This is a group loan to be shared by the six members of the Khourwi association, led by Mr. Amsatou G.. In their loan application, the group described their business as follows:

“The gardeners of our village who have cultivated the Valley of Sin for a very long time plan to increase not only their production, but also continue to cultivate their fields in every season, twelve months of the year. We need only to obtain a powerful irrigation pump in order to alleviate the hard work of watering the fields by hand. A large reservoir will also be constructed for the storing of a large volume of water, with a proper distribution system to carry the water as far into the fields as possible in pipes.”


Senegal is one of the world’s poorest countries, yet its solid democratic tradition and highly developed associational life distinguish it from other countries in its income group. Especially remarkable are Senegal’s networks of rotating savings and credit associations, which provide the rural poor throughout the country with small loans to finance modest income-generating activities. Repayment rates within these groups are excellent, because they are based on local reputation and personal trust between the members. However, their financial resources are limited to the contributions of their members, frequently subsistence farmers with very little disposable income. This has prevented the traditional associations from meeting the demand for rural microenterprise loans and restricted their impact on the economic development of their communities. The SEM Fund works to bridge this gap by linking traditional village credit associations with outside sources of finance.

Original French business description:

« Les membres de l’éco village maraîchers installés depuis très longtemps dans la vallée (de Sin) visent à accroître non seulement leur production mais continuer à exploiter leur périmètre en toute saison ; douze mois sur douze. I l s’agira tout simplement de trouver une motopompe très puissante pour les alléger du dur travail de puisage à la main.
Un nouveau basin très grand sera construit pour le stockage d’un très grand volume d’eau, avec une bonne technique de distribution dans le périmètre aussi loien que possible en tuyaux.»

Loan details

Lenders and lending teams

Loan details