The group "Sunu GIE" is an association whose members work raising animals, notably poultry. Its members have a chicken yard where they raise their fryers for three months before selling them on the local market. These activities bring in considerable income which allows them to support themselves and help cover some expenses for their families. The leader of the group, sitting in the middle, is the mother of three children who all attend school. By raising chickens, she pays their school fees and most of their health-related expenses. The group is asking for a loan of 1,500,000 francs to buy chicks, chicken feed, and veterinary products.
Le groupe "Sunu GIE" est une association qui s'active dans l'élevage notamment l'aviculture.Ses membres disposent d'un poulayer ou elles élevèvent des poulets de chair pendant trois mois avant de les revendre sur les marchés locaux.Cette activités leur procurent des revenus aasez importants qui leur permet de satisfaire leurs propres besoins mais aussi de participer à la prise en charge des dépenses d'entretien de leurs familles .Le chef du groupe, assis au milieu, est mère de trois enfants qui vont tous à l'école.Avec cette élevage,elle paie leurs frais de scolaritré et la plupart des frais de santé.Le groupe sollicite un pret de 1500000f pour acheter des poussins, de l'aliment volaille et des produits vétérinaires.
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.