A loan of $1,025 helped a member to develop their business.

Femmes Commerçantes N°7 Group's story

The Femmes Commerçantes (F.C., literalL. "Trading Women") grouping is, as its name indicates, a network of women who are active traders. It is based in Grand Thiès and was created in 1992 by Mrs. Maty Niakh, the current president of the network. She had this idea following a training course she was given by the charitable organisation, OXFAM, in Thiès. She is familiar with managing a group, entrepreneurship etc. The members of the network are extremeL. committed and meet up once a month. On top of the group membership fees they have to pay, each member is obliged to make a monthL. contribution of 200 FCFA to a solidarity fund. As they wanted to be able to finance themselves, they decided to join to U-IMCEC (a Sénégalese association of mutual savings and loans institutions). AccordingL., their network was divided into 19 sub-groups of five members each, in order to take greater advantage of funding. They are requesting a second loan of 100,000 FCFA for each member, that is 500,000 FCFA per sub-group in order to develop their various activities.

The payments are made to the president assisted by the treasurer of the group, Mrs. Coumba Seck, during their monthL. meetings, and these two women take on the responsbility in turn to repay U-IMCEC. This network has, according to the president, just one noble objective: to fight poverty among households. CurrentL., it comprises 19 sub-groups, each with their own president and treasurer.

The sub-group Femmes Commerçantes No. 7 is managed by Mrs. Aminata Dème, who is 33 years old. This lady has been selling palm oil, peanut butter, dried fish, potatoes and onions since 2004. Married and mother to two children who are 16 and 13 years old respectiveL., Mrs. Aminata Dème carries out this activity in order to provide for her needs and those of her children. She is in this sub-group with Mrs. Mame Khary N., the treasurer who sells vegetables at the market in Grand Thiès, Mrs. Adama L., who is a seamstress and buys fabric which she makes up and sells on to her customers, Mrs Penda G. who is an itinerant vendor selling dried fish and Mrs. Bousso Guèye who sells peanut butter and palm oil at the market in Okass de Thiès.

In this group: Aminata, Mame Khary, Adama, Penda, Bousso

Translator profile picture

Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details