A loan of $4,850 helped a member to purchase local produce and seafood.

Apec Al Ouma Ngor Group 1's story

Apec Al Ouma Group 1 is an association of 13 women, all living in the same district, Ngor, and members of the same Al Ouma association. Group 1 has been a member of the Ouakam credit union since July, 2010. The group is asking for a loan of 2,200,000 francs. The group members all work in commerce (selling local products, seafood, fish, vegetables, fabric, breakfast, dinner or other consumer products). Each member operates her business independently of the other group members.

They are represented by Ms. Ndiaply S.. She sells local produce and seafood, building on five years’ experience in the business. She chose this work in order to earn income to help meet her family’s needs and to avoid being unemployed. The borrowed funds will reinforce her working capital for buying local produce and seafood for resale.

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 expanded 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 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: Ndiapaly, Khardiata, Calmy, Magatte Gueye , Oureye, Khady, Aissatou, Adama, Ndeye , Ndethiou, Aissatou, Tine, Faty

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Translated from French by Kiva volunteer Chelsea Rosendale

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