A loan of $1,100 helped a member strengthen their business.


Afde Group No. 10's story

The Association of Women for Business Development ( l'Association des Femmes pour le Developpement de l'Entreprise - AFDE) is an organisation of small-scale women traders who work in Thiès, a town which lies 70 kilometers from Dakar. The association was founded in 1993 by twenty female entrepreneurs in order to increase their purchasing power by means of a tontine (a revolving finance system whereby each member contributes periodically an agreed amount and these funds are passed on in rotation to different members). Since this policy does not allow for the financing of all members on the same day, they decided to join l'U-IMCEC (an association of mutual savings and loans institutions) in order to obtain a loan without being asked for guarantees. The members have thus formed sub-groups of five women, with a designated president and a treasurer for each sub-group. These sub-groups, of which there are currently 52, may remain the same for many years, but often change members in line with their needs and other considerations. The AFDE organises monthly members' meetings to which all the sub-groups are invited, and it manages a cooperative for its members, which allows them to buy rice and other products at a better price. The AFDE is run by a president whose name is Mrs. Mame Diarra MAR and a treasurer, Mrs.Ndeye Ndella Diouf, both residents of Thiès.

The president of AFDE No. 10 is Mrs Ndeye Marie N.. She sells womens' clothing and cosmetic products. Single without any children, Mrs. N. has been carrying out this business for two years in order to be self-employed and to fight against financial dependence. With this loan she is planning to buy women's clothing and cosmetic products in the Gambia and she will sell these to her customers. The other members of the sub-group are: Mrs. Aminata F., who sells palm oil, peanut butter, shoes and bags; Mrs. Khewe N., who sells dried fish and palm oil; Mrs. Souadou Dramé, who sells clothing and perfumes; and Mrs. Sokhna N., who sells clothing and breakfasts. They are applying for a loan of 500,000 FCFA from the lenders and will divide this equally between them.

In this group: Ndeye Marie, Aminata, Khewe, Souadou, Sokhna
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Alison Le Bras



Loan details


Lenders and lending teams



Loan details