Expired

Total loan: $5,750
Powered by 58 lenders

Makarimal Akhlakh Groupe 7

Senegal
Senegal / Retail

A loan of $5,750 helped a member to buy fruits intended for resale.


Makarimal Akhlakh Groupe 7's story

The economic interest group, GIE MAKARIMAL AKHLAH, was created on October 10, 2003, in Senegal. "Makarimal Akhlakh" means someone who has a good heart and good practices. By 2009, GIE had 300 members. It's goal is to unite its members and allow them to carry out their agricultural production and fishery activities, their general importing and exporting activities, and their transportation, industrial, artisan, building, animal raising, mining, fishing, hydrocarbon exploitation, artistic and cultural, printing, carpentry, services and actions for the public good, representation, processing of fishery products, agricultural, sale of spare parts, ice-making, and bakery activities, as well as provide various services.

GIE also aims to consolidate the ties of friendship and solidarity between its members to allow them to acquire the necessary material and financial means to develop their revenue-generating activities and to benefit from all of the advantages that GIE offers. And it's against this background that an agreement was signed between GIE and UIMCEC for the benefit of the GIE members at the national level. The first phase applied to a sample of 120 active members divided into 12 groups of 10.

The Makarimal Akhlakh Groupe 7 group is is made up of ten GIE members who are all involved in the same business. They are represented by Abdoulaye, who has been selling fruit for several years now. His workday begins every morning and finishes at midnight. He is a member of a branch of the UIMCEC, and he is seeking a loan to buy fruits that he will resell.

Increasing his capital will allow him to stock up in greater quantity, consequently saving him time and reducing the costs associated with his daily commutes. The revenue that he earns from his business allows him to pay for the education of his children and support his family. His goal is to save enough money to start importing and exporting within the next two years.

In this group: Abdoulaye, Edwige J.a., Ndeye, Fatou, Farimata, Seynabou, Issa, Moustapha , Nafi, Mama
*not pictured

Translated from French by Kiva volunteer Holden Ferry



Loan details

Loan length:

15 months
Disbursed date: August 9, 2012
Facilitated by Field Partner: UIMCEC, a partner of ChildFund International
Expired: October 4, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: August 9, 2012
Facilitated by Field Partner: UIMCEC, a partner of ChildFund International
Expired: October 4, 2012