Diapo Pointe Sarrène Group


Status: Paying Back

$1,100.00   Loan Amount
18% repaid

About the Group

Group Name: Diapo Pointe Sarrène Group
Group Members: Seynabou Diop
Aby Diakhaté
Thiébo Diagne
Fatou Diagne
Codou Sène
Location: Pointe Sarrène, Senegal
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,100.00
Loan Use: To process and trade in seafood products
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 19, 2009
Date Disbursed: Aug 10, 2009
Date Funded:Jul 20, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:464.9084 XOF = 1 USD



We have decided to create a limited group to be able to establish a lasting enterprise with a membership limited to five. We want to do commerce in seafood products that we intend to buy from producers, to process, and then to resell in town or in the weekly markets that are organized every week around our village and in regional hotels, such as Pointe Sarrène, a tourist site, and also in the big cities in Senegal.  This financing will allow us to save some money to provide for our needs and those of our families.

Translated from French by Dan Kuey, Kiva Volunteer


Nous avons décidé de créer un groupe restreint pour pouvoir mettre sur pied une entreprise durable avec un nombre limité de 05membres. Nous voulons faire du commerce de produits halieutiques que nous comptons acheter chez les producteurs , les transformer et ensuite les revendre en ville ou dans les marchés hebdomadaires qui s'organisent toutes les semaines autour de notre village, dans les hôtels de la région comme Pointe Sarrène est un site touristique , mais aussi dans les grandes villes du Sénégal. Ce financement nous permettra de faire des économies pour subvenir à nos besoins et ceux de nos familles.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Lenders to this group

Paul
beaver falls, PA
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Barbara
Hopewell Junction, NY
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Bartels Family
Mamaroneck, NY
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Anonymous
seattle, WA
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Leon
Doylestown, PA
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Anonymous
Redding, CA
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Kizzie
RENTON, WA
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Carol
Mississauga, Ontario
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Lena

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Jim
Portland, OR
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FairSpirit microkrediet
Utrecht, Utrecht
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Hart
Minneapolis, MN
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Rebecca
Dallas, TX
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Victoria
Belmont, CA
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Murali
San Diego, CA
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Kevin
Vancouver, British Columbia
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Thomas
London, Ontario
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Clifford & Trish
Clifton Park, NY
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Grant & Kim
Calgary, Alberta
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Shikha & Aneesh
Portland, OR
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Michael
Tabulam, New South Wales
Australia

Adene
Toronto, Ontario
Canada

Susan
Rockport, MA
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Bob and Lois
Baytown, TX
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jeff & Cristi
Portland, OR
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Colin G. Haviland
Minneapolis, MN
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Don
Portland, OR
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Per M
Drammen,
Norway

Comedy on the Rox
Glebe, New South Wales
Australia

Anonymous
Jarfalla,
Sweden

Anonymous
Salvagnac,

herve
paris,
France

Cayetano
MOAÑA, Pontevedra
Spain

Don
kivafriends.org, Auburn, AL
United States

Sarah
Portland, ME
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Tera
Chicago, IL
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MARC
valley stream, NY
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Anne
Manchester, MO
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vera
mitchellville, MD
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Journal entries for Diapo Pointe Sarrène Group


Loan has been disbursed
 
Entrepreneur: Diapo Pointe Sarrène Group
Location: Pointe Sarrène, Senegal

Thank you for your loan. It has been disbursed to Diapo Pointe Sarrène Group, consisting of Seynabou Diop, Aby Diakhaté, Thiébo Diagne, Fatou Diagne, Codou Sène by Senegal Ecovillage Microfinance Fund (SEM) in Senegal. We are excited to watch this business grow. Over the 11 months of this loan, Senegal Ecovillage Microfinance Fund (SEM) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pointe Sarrène, Senegal
Aug 10, 2009
Comments (1)

Kiva Help Repayment Schedule for Diapo Pointe Sarrène Group

  Expected Repayments Actual Repayments Comments
November 2009 $100.00 $100.00 Repayment Received
December 2009 $100.00 $100.00 Repayment Received
January 2010 $100.00 Available Jan 1  
February 2010 $100.00 Available Feb 1  
March 2010 $100.00 Available Mar 1  
April 2010 $100.00 Available Apr 1  
May 2010 $100.00 Available May 1  
June 2010 $100.00 Available Jun 1  
July 2010 $100.00 Available Jul 1  
August 2010 $100.00 Available Aug 1  
September 2010 $100.00 Available Sep 1