The "Famille" group is composed of five members of one extended family (four men and one woman) who are actively involved in retail business and poultry farming. Their leader, Mamadou Samba, is 54 years old. He has been involved in poultry farming for the past two years and wishes to obtain a loan to boost and increase his production capacity of broilers. He is married and takes care of his family's daily nutritional needs. Mamadou Samba wishes to be financially independent one day and to be able to finance his business by himself.
Regroupant les membres d’une même famille élargie,le regroupement « la Famille » compte 5 membres dont 4 hommes et une femme qui s’activent dans le commerce et l’aviculture. Leur président, monsieur Mamadou Samba âgé de 54 ans, fait de l’aviculture depuis 2 ans et désire un crédit pour renforcer et augmenter la capacité de sa production en poulets de chair. Il est marié et s’occupe de sa famille pour leur besoins journaliers en nourriture. Mamadou Samba désire avoir une autonomie financière un jour et pouvoir financer seul son activité.
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.