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Micro-loans in Senegal

. 1 min read

Fatima Sy, a member of API’s Ndiareme Limamoulaye micro-credit group, displays her wares at an event in Dakar. She makes her living by transforming millet into couscous and selling it in small packages.

In Senegal, providing micro-entrepreneurship opportunities for women who struggle to provide for their families is the goal of the Anti-Poverty Initiative (API), Advance #3021544

When API received UMC #GivingTuesday donations plus matching funds in 2014, 65 women in Guediawaye, Dakar, received credit support for income-generating activities that economically empowered them and directly impacted their families. Here’s what some of the women had to say: 

“With API’s loan, I expanded my business to include palm oil and fish sales. I am now able to pay my child’s school expenses.”—Monique

“My husband abandoned me and my eight children. Life was very difficult. Things changed when I enrolled in API’s program. My business is doing well and I am better able to meet the needs of my household.”— Coumba

“I was a stay-at-home wife, doing nothing to support the household for lack of business capital. Later, I discovered API and enrolled in their program. I now run a small business and support my husband in meeting the needs of our family.” — Emma 

UMC #GivingTuesday provided API an important platform to raise funds and overcome previous challenges to raise capital for women in need. API participated in both the 2013 and 2014 #GivingTuesday events, which resulted in women becoming their own bosses for the very first time.

Read more.