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Afde N°28 Group
In this Group: Bineta, Ndeye Sokhna, Amy, Fatou , Aïssatou Mota
The Association des Femmes pour le Développement de l’Entreprise (AFDE) is an organization of women in small-scale commerce working in Thies, a city about 70 km from Dakar. This association was founded in 1993 by twenty women entrepreneurs to increase their purchasing power by way of a tontine (a revolving credit system in which each member periodically pays a suitable amount and which funds its various members by turns). This policy does not allow every member to be financed on the same day.

The members decided to join IMCEC in order to award loans without guarantee requirements. Thus, the members are divided into sub-groups of five, each with a designated president and a treasurer. These sub-groups, which currently number as many as 63, can be the same for several years but often change their members according to the financing of needs and other considerations.

The AFDE organizes member meetings each month, when all the sub-groups are invited. It facilitates cooperation for its members, enabling them to buy rice and other goods at better prices. The AFDE is lead by a president by the name of Ms. Mame Diarra MAR and by a treasurer, Ms. Ndeye Ndella Diouf , both residents of Thiès.

The president of AFDE 28 is Ms. Bineta S., aged 46, who is married and the mother of four children. She has been active for three years in selling smoked and dried fish and palm oil at the Grand Thiès market. With the loan, Ms. S. wants to get supplies in Mbour and Diaobé, two towns where goods are cheap. She is in this group with the treasurer Ms. Ndeye Sokhna D., a retailer of cosmetics; Ms. Amy T., a retailer of tea and kola; Ms. Fatou F., a retailer of vegetables and fresh fish at her place; and Ms. Aïssatou S., a retailer of carrots cabbage, and turnips at the Grand Thiès market.

All five group members are requesting an amount of 250,000 francs CFA that they are going to share equally for financing their businesses.
View original language description ↓
L’Association des Femmes pour le Développement de l’Entreprise (AFDE) est une organisation de femmes commerçantes de petite échelle travaillant dans Thies, une ville environ 70 Kms de Dakar. L'association a été fondée en 1993 par vingt femmes entrepreneurs pour augmenter leur pouvoir d'achat par le biais d’une tontine (système de financement tournant dans lequel chaque membre cotise périodiquement une somme convenue et qu’on verse à tour de rôle aux différents membres).
Cette politique ne permettant pas de financer au même jour tous les membres, elles décidèrent d’adhérer à l’IMCEC afin de s’octroyer du crédit sans des demandes de garanties. C’est ainsi que les membres sont divisés en sous groupe de 5, avec une présidente désignée et une trésorière pour chaque sous groupe. Ces sous-groupes, au nombre de 63 en ce moment, peuvent être le même pendant de nombreuses années, mais changent souvent de membres selon le financement des besoins et d'autres considérations.
L'AFDE organise des réunions de membre mensuellement où tous les sous groupes sont conviés et dirige une coopération pour ses membres, en leur permettant d'acheter du riz et d'autres produits à de meilleurs prix.
L'AFDE est dirigée par une Présidente du nom de Madame Mame Diarra MAR et une trésorière Madame Ndeye Ndella Diouf toutes habitantes de Thiès.
La présidente de l’AFDE 28 est Madame Bineta S.. Agée de 46 ans, elle est mariée et mère de 4 enfants. Elle s’active depuis 3 ans dans la vente de poissons fumés et séchés, de l’huile de palme au marché Grand Thiès. Avec le crédit, Madame S. veut se réapprovisionner à Mbour et Diaobé deux localités où les produits sont au bon marché.
Elle est dans ce groupe avec Madame Ndeye Sokhna D. Trésorière vendeuse de produits cosmétiques, de Madame Amy T. vendeuse de thé et de kola, de Madame Fatou F. vendeuse de légumes et de poissons frais chez lui et de Madame Aïssatou S. vendeuse de carottes, choux et de navets au marché Grand Thiès. Elles sollicitent toutes 5 un montant de 250 000 FCFA qu’elles vont partager à part égale pour financer leurs 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
  • 479.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Afde N°28 Group's $525 loan helped a member stocking up with merchandise.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 9, 2010
Mar 17, 2010
Currency Exchange Loss:
Jan 15, 2011