Gie Foulacounda Group


Status: Paying Back

$1,550.00   Loan Amount
9% repaid

About the Group

Group Name: Gie Foulacounda Group
Group Members: Egué Sow (NP) (not pictured)
Mariama Bâ
Fatou Sow
Naba Bâ
Awa Sow
Gnapa Bâ
Location: Kolufifa, Senegal
Activity: Home Products Sales

About the Loan

Loan Amount: $1,550.00
Loan Use: Achat et vente de produits de maison
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 7, 2009
Date Disbursed: Oct 5, 2009
Date Funded:Sep 26, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:457.7771 XOF = 1 USD



Nous sommes un groupe de jeune femmes qui habitent l'écovillage de Faoune et qui souhaitent faire du commerce de produits cosmétiques et d'articles de maisons qui intéressent les femmes de notre village.
Nous avons déjà de l'expérience pour gérer un prêt, car nous avons déjà bénéficié d'un crédit alloué par le SEM FUND, que nous avons intégralement rembourser dans les délais requis par les bailleurs. Notre village est situé sur une zone d'accès difficile. Ce qui rend difficile l'accès à certains types de provisions comme les produits cosmétiques, qui sont très prisés par les femmes et aussi des produits de consommations courante.


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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Journal entries for Gie Foulacounda Group


Loan has been disbursed
 
Entrepreneur: Gie Foulacounda Group
Location: Kolufifa, Senegal

Thank you for your loan. It has been disbursed to Gie Foulacounda Group, consisting of Egué Sow (NP), Mariama Bâ, Fatou Sow, Naba Bâ, Awa Sow, Gnapa Bâ by Senegal Ecovillage Microfinance Fund (SEM) in Senegal. We are excited to watch this business grow. Over the 10 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 Kolufifa, Senegal
Oct 5, 2009
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Kiva Help Repayment Schedule for Gie Foulacounda Group

  Expected Repayments Actual Repayments Comments
December 2009 $140.91 $140.91 Repayment Received
January 2010 $140.91 Available Jan 1  
February 2010 $140.91 Available Feb 1  
March 2010 $140.91 Available Mar 1  
April 2010 $140.91 Available Apr 1  
May 2010 $140.90 Available May 1  
June 2010 $140.91 Available Jun 1  
July 2010 $140.91 Available Jul 1  
August 2010 $140.91 Available Aug 1  
September 2010 $140.91 Available Sep 1  
October 2010 $140.91 Available Oct 1