Elisabete Diouf Group
Their, president, Aissata, who is married and a mother, has been trading for the past three years. She buys products to resell "thiakry" (a dish made up of millet couscous and yoghurt). Assiata helps out with the household expenses and with this loan she can increase her stock. As a future project she would like to farm her own field and do market gardening.
Leur présidente, la dame Aissata, mariée et mère de famille, fait du commerce depuis 3 ans maintenant. Elle achète pour revendre du « thiakry ». Le « thiakry est un plat confectionné à partir de mil transformé.
Madame Aissata aide à la dépense quotidienne de la famille. Avec le crédit, elle pourra augmenter son stock de marchandises.
Comme projet futur, la dame Aissata veut exploiter son champ et y faire du maraichage.
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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