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Apec Al Ouma Dieupeul 4 Groupe 3
In this Group: Mamadou Mignane , Mbarro, Aminata Sadikh, Cheikh Tidiane, Codou , Coumba , Bineta, Mama, Baffa, Maty
Group 3 of the Apec al Ouma Dieupeul cell is composed of 10 members and is lead by Mr. Mamadou Mignane S. (on the right in the photograph, wearing a red t-shirt). He raises poultry and has two years of experience in this field. The members of the group live together and has kinship bonds, which guarantees their mutual trust.

They started with 50 chicks. The group is part of the Liberty 6 branch since January 2011 and is seeking a XOF 1'400'000 loan to expand their chicken coop and buy chicks and hardware (watering place, feeding through). This loan will help the group to bolster its working capital and develop its business in order to increase its profits.

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 smA. 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.
View original language description ↓
Le groupe 3 de la cellule Apec al Ouma Dieupeul 4 st composé de 10 membres. Le sous groupe est représenté par monsieur Mamadou Mignane S. (situé à droite de la photo et vêtu d’un tee-shirt rouge). Il exerce l’activité d’aviculture et capitalise une expérience de 2 ans dans ce secteur. Les membres du sous groupe habitent ensemble et ont des liens de parenté ce qui garantie une confiance réciproque entre eux. Ils ont démarré avec 50 poussins. Le sous groupe est membre du guichet de Liberté 6 depuis janvier 2011. Il sollicite un crédit de 1 400 000frs prévu les dépenses d’élargissement de leur poulailler et d’achat de sujets et de matériel (abreuvoir, mangeoire).ce financement pourra aider le sous groupe à renforcer leur fond, a développer leur activité et par conséquent a accroitre leurs bénéfices.
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 smA. 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.

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
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 460.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Apec Al Ouma Dieupeul 4 Groupe 3's $3,050 loan helped a member to expand a chicken coop and buy chicks and hardware.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2011
Listed
Apr 6, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012