Djiguéne Bakhna 34 Group
The president, Fatou, has ten years of experience in this field and buys her goods in the area and re-sells them in the capital. She supports her husband in providing for the family's daily expenses. Fatou's hope in the future is to open a store to centralize her business in her area.
La présidente, Fatou avec une expérience de dix ans achète la marchandise dans la localité pour aller la revendre dans la capitale. Elle appui son mari dans la dépense quotidienne de la famille .Fatou a comme vœux dans l’avenir, d’ouvrir un magasin pour concentrer son activité vers sa zone.
About UIMCECThis 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.
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