The Jubo Ngodjleme group is composed of five women. They all married, with children. They raise livestock, particularly cattle. They buy cattle to fatten and resell once the animals are ready for the market. The group’s leader (in the foreground on the photo, wearing white) is the mother of three. In addition to being in the same business as the rest of the group, she also raises sheep as a secondary activity. Raising livestock allows group members to provide for their families’ needs as well as their own. They are requesting a loan of 750,000 West African francs to buy two bulls.
Le groupe "GROUPE JUBO NGODJLEME" se compose de cinq femmes.Elles sont toutes mariées et mères de familles.Elles mènent une activité d'élevage notamment l'embouche bovine.Elles achètent un bœuf qu'elle engraissent et revendent une fois arrivé à maturation.Le chef de groupe (en avant , en blanc)est mère de trois enfants.Elle mène en plus de l'activité du groupe, une activité secondaire d'embouche ovine.Cette activité d'élevage permet aux membres du groupe de subvenir aux besoins de leurs familles ainsi qu'à leurs propres besoins.Elles sollicitent un pret de 750000f pour acheter 2 bœufs.
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.