Makarimal Akhlakh G 28 is an arm of the economic interest group Makarimal Akhlakh. It is composed of ten women who are active in the commerce sector. They are represented by Ms. Coumba Maram (with her hand raised in the photo). She is a married woman who has been working at buying and selling cloth, cosmetic products, and a variety of other goods for over nine years.
She is requesting a loan from a U-IMCEC branch, where she is a member, in order to bolster her capital and to develop her business further. The revenues generated by her business enable her to manage the family's food situation. She starts her workday at 9:00 AM and finishes at 6:00 PM.
With her financing, she intends to acquire new beauty products to respond better to customers and at the same time to satisfy the demand. Increasing her profits will allow her to save money and also to help improve her family's food situation. Her wish for the future is to expand her store.
Makarimal akhlakh G 28 est un démembrement du groupement d’intérêt économique Makarimal Akhlakh. Il est composé de 10 femmes qui s’activent dans le secteur du commerce. Elles sont représentées par madame Coumba Maram (personne qui a levé la main sur la photo). C’est une femme mariée qui évolue dans l’achat et la vente de tissus, de produits cosmétiques et divers autres produits depuis plus de 9 ans. Elle sollicite un crédit dans le guichet de l’UIMCEC ou elle est membre pour renforcer son capital et développer davantage son commerce. Les revenus que lui génère son activité lui permet de participer a la gestion de la nourriture familiale.Elle démarre sa journée de travaila 9 heures pour la terminer a 18 heures.Avec son financement elle compte acquérir des nouveautés de produits de beauté pour mieux répondre et en meme temps satisfaire a la demande de sa clientèle.L’accroissement de ses bénéfices lui permettra d’épargner de l’argent et aussi de contribuer a l’amélioration des conditions alimentaires de sa famille.Son vœu dans le futur est d’élargir sa boutique.
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.