A loan of $4,725 helped a member increasing their working capital.

Apec Al Ouma Gueume Sa Bopp 1 Group's story

The group "Geume sa Bopp 1" is a subgroup of the cell APEC Al Ouma, located in the town of Yoff. This is a mixed association of nineteen people who live in the same district and who have diverse businesses. The different products marketed generally by the women are fabrics, shoes, grains, and a variety of consumer items. The women have been active in commerce for over twenty years.

Ms. Ndeye, who presents the women, is the president of the women's group of the association APEC -AL-OUMA. She is requesting a loan of 2,250,000 francs for buying supplies with the goal of bolstering and expanding the group's businesses. The group's goal is to grow their profits in hopes of improving the well-being and the living standards of their respective families.

About this loan:
Al Ouma is a Senegalese nonprofit whose full name is The Association for Koranic Education and Teaching.

Originally founded to work with at-risk children, especially talibés (young boys from poor families who beg in Senegalese metropolitan areas), Al Ouma has evolved its mission to work with adults as well as children. They currently have over 10,000 members, and are actively engaged in supporting the economic development of their members in the hopes of improving their quality of life, and that of their at-risk children.

Al Ouma's members are currently organized into smaller associations which meet each week to contribute to a group fund that helps finance small loans for members. Members typically put in $2 USD per week. Because UIMCEC and Al Ouma both share the mission of fighting poverty through economic empowerment, they have formed a partnership to provide loans to Al Ouma associations at a lower interest rate than UIMCEC usually offers its clients.

In this group: Ndeye, Ndoume, Binetou Wahab, Mame Khar, Seynou, Seynabou, Khady Gueye, Oulimata, Cheikh, Mamadou, Ndeye Bakhaw, Aissatou, Fatou, Awa, Ndeye Marie, Abibou, Bouba, Sagar, Madina

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Translated from French by Kiva volunteer Daniel Kuey

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