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Apec-Al Ouma Dieupeul 4 Groupe 2
In this Group: Birane, Halimatou Ousmane , Therese, Tening, Ndeye, Oumar, Fatou, Bousso
The Dieupeul 4 cell is a group which is divided into several sub-groups, one of which is group 2. The cell is affiliated to the Al Ouma association. Apec Al Ouma Group 2 is made up of nine members who have the peculiarity of living together. They are represented by Mrs. Barro B., who is president of the cell (she appears in the photo with the group members since she is president of the cell, but did not take part in this loan) and Mr. Birane B., who is president of the sub-group (he is wearing a beige shirt in the photo). The members of the sub-group got together with the aim of putting in place premises to provide a base for selling canned drinks and soaps in their neighborhood. The sub-group has been a member of the Liberté 6 branch since November 2010. In order to begin their business, they plan to make a deposit with a soap company and a can distributor with the objective of getting some stock.

Al Ouma is a Senegalese nonprofit organisation, whose full name is The Association for Koranic Education and Teaching. Originally founded to work with at-risk children, especially talibés (young boys from poor families who beg in Senegalese metropolitan areas), Al Ouma has evolved its mission to work with adults as well as children. They currently have over 10,000 members, and are actively engaged in supporting the economic development of their members in the hopes of improving their quality of life, and that of their at-risk children.

Al Ouma's members are currently organized into smaller associations which meet each week to contribute to a group fund that helps finance small loans for members. Members typically put in USD 2 per week. Because UIMCEC and Al Ouma both share the mission of fighting poverty through economic empowerment, they have formed a partnership to provide loans to Al Ouma associations at a lower interest rate than UIMCEC usually offers its clients.

NB. There are nine people on the photo since the president of the cell is with the eight beneficiaries of the group; she is on the right of the photo wearing a large "boubou".
View original language description ↓
La cellule de Dieupeul 4 est un groupement qui est subdivisé en plusieurs sous groupes dont celui du groupe 2. La cellule est affiliée a l’association Al Ouma.
Apec Al Ouma groupe 2 est composée de 9 membres qui ont la particularité d’habiter ensemble. Ils sont représentés par madame Barro B. présidente de la cellule(elle accompagne les membres du sous groupe comme elle est la présidente de leur cellule mais n'a pas bénéficié de ce prêt,c'est la femme qui a la main levée sur la photo) et monsieur Birane B. président du sous groupe( vêtu d'une chemise beige sur la photo). Les membres du sous groupe se sont réunis dans le but de mettre en place un local abritant la vente de cannette et de savon dans leur quartier. Le sous groupe est membre du guichet de Liberté 6 depuis novembre 2010. Pour démarrer leur activité ils ont l’intention de déposer une caution dans une société de savonnerie et de distribution de canette dans l’objectif de s’approvisionner en produits.
Al Ouma is a Senegalese nonprofit whose full name is The Association for Koranic Education and Teaching.

Originally founded to work with at-risk children, especially talibés (young boys from poor families who beg in Senegalese metropolitan areas), Al Ouma has evolved its mission to work with adults as well as children. They currently have over 10,000 members, and are actively engaged in supporting the economic development of their members in the hopes of improving their quality of life, and that of their at-risk children.

Al Ouma's members are currently organized into smaller associations which meet each week to contribute to a group fund that helps finance small loans for members. Members typically put in $2 USD per week. Because UIMCEC and Al Ouma both share the mission of fighting poverty through economic empowerment, they have formed a partnership to provide loans to Al Ouma associations at a lower interest rate than UIMCEC usually offers its clients.

NB.sur la photo figurent 9 personnes car c'est la prisidente de cellule qui a accompagné les 8 bénéficiaires du sous groupe, elle se trouve a droite de la photo habilée en grand boubou.

Additional Information

About UIMCEC

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

  • $1,759
    Average annual income
  • 47
    View loans »
    Senegal Loans Fundraising
  • $13,116,800
    Funds lent in using Kiva
  • 462.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Apec-Al Ouma Dieupeul 4 Groupe 2's $3,050 loan helped a member déposer une caution dans une société de distribution de savons et de canettes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2011
Listed
Apr 12, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012