Al Ouma Liberé 4,5 group 1 is a subgroup which is made up of 13 members who have all joined the same national solidarity association. This is a mixed group, composed of twelve women and one man who are all involved in various trades. Oulimata, the facilitator of the group, is the person dressed in yellow in the photo. She has been involved in trading and sewing for several years and has built up a ten-year experience in those fields. She begins her day at 10 o'clock in the morning and returns home at around 6 o'clock in the evening. She is requesting a loan in order to diversify the selection of clothes she sells. Her goal is to expand her activity by being more visible on the market.
Al Ouma liberé4,5 groupe 1est est un sous groupe qui est composé de 13 membres qui adhèrent tous dans la meme association lequel est un groupement national de solidarité. C’est un groupe mixte de 12 femmes et un homme regroupés dans le meme secteur d’activité de commerce divers. Elles sont représentées par madame Oulimata qui représente la personne habillée en jaune-orange sur la photo. Elle s’active depuis plusieurs années dans le secteur du commerce et de la couture. Elle capitalise une expérience d e plus de 10 ans dans ses activités. Elle commence sa journée a partir de 10 heures le matin pour rentrer chez elle aux environ de 18 heures. Elle sollicite un crédit dans le but de diversifier les habits qu’elle commercialise. Son objectif est d’élargir son activité en augmentant son champ d’exposition.
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.