Funded

Total loan: $1,025
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Femmes Commerçantes N°9 Group

Senegal
THIES, Senegal / Retail

A loan of $1,025 helped a member To supply products.


Femmes Commerçantes N°9 Group's story

The Association of "Femmes Commercantes" (F. C) as its name indicates is a network of women who engage in trading. It is based in Grand Thies and was set up since 1992 by Madam Maty Niakh, the current chairwoman of the network. This woman got this idea at the end of a training course that she had received from an NGO OXFAM in Thies. Thus, She knows group management, entrepreneurship etc. The members of the network are extremely dedicated and they meet once in a month. So, each member is required to make a monthly contribution of 200 FCFA to a mutual fund after subscription fees to the network. Hoping to finance themselves, they decided to join U-IMCEC. Their network was thus split to 19 sub-groups of 5 individuals in order to take better advantage of the funding. They are each requesting for the second time a loan of 100 000FCFA that is 500 000FCFA for each sub-group in order to grow their various businesses. Meanwhile, payments are made to the chairwoman assisted by the treasurer of the association, Madam Coumba Seck, during their monthly meetings. These two are required, in turn, to repay U-IMCEC. This network, says the chairwoman, has only one noble objective: fight poverty in the household. Currently, the network has 19 sub-groups with each having a chairwoman and a treasurer. Femmes Commercantes No 9 is directed by Oumy N.. She 's been selling couscous made of millet for 20 years. Madam Awa G. is married and the mother of 3 children, aged 28, 25 and 20 years respectively. She confided in us that running of her business kept her in the trade. The treasurer is Madam Awa G. who sells breakfast in her community. The other members are Madam Fatma D. who sells couscous and rice, Madam Fatim D. who sells vegetables and Madam Mareme D. who sells laundry products and palm oil

In this group: Oumy, Fatim, Awa, Fatma, Maréme
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Cletus Kuunifaa



Loan details

Loan length:

10 months
Disbursed date: March 19, 2010
Facilitated by Field Partner: UIMCEC, a partner of ChildFund International

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: March 19, 2010
Facilitated by Field Partner: UIMCEC, a partner of ChildFund International