Dialki Dieg De Palmarin Group


Status: Paying Back

$1,600.00   Loan Amount
0% repaid

About the Group

Group Name: Dialki Dieg De Palmarin Group
Group Members: Saliou Sarr
Aliou Ndour
Saphiatou Sarr
Maïmouna Seck
Djiaye Seck
Location: Palmerin, Senegal
Activity: Services

About the Loan

Loan Amount: $1,600.00
Loan Use: To purchase horses to help transport merchandise
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 21, 2009
Date Disbursed: Nov 10, 2009
Date Funded:Oct 25, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:437.8552 XOF = 1 USD



Having had a successful first experience with Kiva (reference 2153) that allowed them to develop fishing activities, the group Dialki Dieg de Palmarin (http://www.sem-fund.org/palmarin.php) has returned to Kiva to ask for a loan to help finance workhorses that will pull carts that are used to transport their goods. This will help the group meet the strong demand that has grown around their merchandise. As it is rainy season, they will also profit from using workhorses to aid them in their rural work.


Translated from French by Kristin Connor, Kiva Volunteer


Ayant réussi une première expérience avec Kiva : réf 2153 qui leur avait permis de faire des activités de Pêche, le groupement Dialki Dieg de Palmarin (http://www.sem-fund.org/palmarin.php)revient cette fois auprès de Kiva solliciter un prêt pour besoin de la traction animale en milieu rural en se dotant de chevaux et de charrettes pour satisfaire la demande très forte en transport de marchandises. Comme c’est la saison des pluies, Ils vont profiter aussi de cette occasion pour utiliser les chevaux qui pourront les aider dans leurs travaux champêtres.


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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Ken
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Carl
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Hampus Jakobsson
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Jason
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Robert.J
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Journal entries for Dialki Dieg De Palmarin Group


Loan has been disbursed
 
Entrepreneur: Dialki Dieg De Palmarin Group
Location: Palmerin, Senegal

Thank you for your loan. It has been disbursed to Dialki Dieg De Palmarin Group, consisting of Saliou Sarr, Aliou Ndour, Saphiatou Sarr, Maïmouna Seck, Djiaye Seck 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 Palmerin, Senegal
Nov 10, 2009
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Kiva Help Repayment Schedule for Dialki Dieg De Palmarin Group

  Expected Repayments Actual Repayments Comments
March 2010 $160.00 Available Mar 1  
April 2010 $160.00 Available Apr 1  
May 2010 $160.00 Available May 1  
June 2010 $160.00 Available Jun 1  
July 2010 $160.00 Available Jul 1  
August 2010 $160.00 Available Aug 1  
September 2010 $160.00 Available Sep 1  
October 2010 $160.00 Available Oct 1  
November 2010 $160.00 Available Nov 1  
December 2010 $160.00 Available Dec 1