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Makarimal Akhlakh Groupe 1
In this Group: Marame, Mariama, Farmata, Awa, Rokhaya, Alioune Badara, Babacar, Aissatou, Awa , Nogaye
The Economic Interest Group (EIG) "Gie Makarimal Akhlah" was created on the 10th of October, 2003, in Senegal. The term "Makarimal Akhlah" symbolises someone with a good heart and good practices. The EIG reached a membership number of 300 in 2009. Its objective is to unite its members and allow them to carry out their businesses including: agricultural and halieutic production, general import-export activities, transportation services, industrial activities, craftwork, construction, breeding, mining exploitation, fishing, hydrocarbon exploitation, art and culture, publishing, woodwork, public utility services, representation, processing fish products, farming, spare parts sales, glass-making, baking and the provision of various services. The EIG also aims to consolidate ties of friendship and solidarity between its members, to enable them to acquire the material means and necessary financing to allow them to develop their revenue-generating activities and benefit from all the advantages linked to the EIG. It was with this in mind that a memorandum of understanding was signed between the EIG and UIMCEC to benefit the EIG members at a national level. The first phase was carried out on a sample of 120 active members, divided into 12 groups of 10.

"Makarimal Akhlakh groupe 1" is one of the EIG subgroups. It unites 10 people who go to the same market where they conduct their revenue-generating activities. They are represented by Marame (the woman dressed in pink who has her hand raised). She is married and lives in Senegal and works in retail, selling fabrics and clothing. She also sews. The revenues she earns through her business enables her to cover her children's schooling expenses and also to save money, with the ambition of one day, in about 3 years time, buying a store and becoming a wholesaler.
Le groupement d’intérêt économique dénommé GIE MAKARIMAL AKHLAH est né le 10 octobre 2003 au Sénégal. Le terme Makarimal Akhlakh symbolise une personne qui a un bon cœur, de bonnes pratiques. Le GIE a atteint le nombre de 300 adhérents depuis 2009. Son objectif est d’unir ses membres et de leur permettre d’exercer des activités de production agricole et halieutique, de commerce général d’import export et de transport, d’industrie, d’artisanat, de bâtiments , d’élevage, d’exploitation minière, de pêche, d’exploitation d’hydrocarbures, d’art et de culture, d’imprimerie et de menuiserie bois, de services et d’action d’utilité publique, de représentation, de transformation de produits halieutiques, d’agriculture , de vente de pièces détachées, de fabrique de glace , de boulangerie et de prestations de services divers. Le GIE vise aussi a consolider des liens d’amitié et de solidarité entre ses membres pour leur permettre d’acquérir des moyens matériels et financiers nécessaires au développement de leurs activités génératrices de revenus et de bénéficier de tous les avantages liés au GIE. Et c’est dans cette mouvance qu’un protocole d’accord a été signé entre le GIE et UIMCEC au bénéfice des membres du GIE au niveau national. La première phase a porté sur un échantillon de 120 membres actifs divisés en 12 groupes de 10.
Makarimal Akhlakh groupe 1 est un démembrement du GIE. Il regroupe 10 personnes qui fréquentent le meme marché ou ils exercent leurs activités génératrices de revenus de commerce. Ils sont représentés par madame Marame (personne qui est habillée en rose et qui a la main levée). C’est une femme mariée qui vit au Sénégal et évolue dans le secteur du commerce, plus précisément dans la vente de tissus et d’habits. Elle pratique aussi la couture. Les revenus que lui procure son activité lui permet de supporter les frais de scolarité de ses enfants et aussi d’épargner de l’argent dans l’ambition d’acquérir dans le futur c'est-à-dire d’ici trois ans une boutique de commerce en gros.

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,847,825
    Funds lent in using Kiva
  • 525.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Makarimal Akhlakh Groupe 1's $5,725 loan helped a member to buy fabrics to resell and to make into clothes for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014