Jamonoy Tey De Kacoumpa Group


Status: Paid Back

$1,325.00   Loan Request
$1,325.00   Paid Back

About the Group

Group Name: Jamonoy Tey De Kacoumpa Group
Group Members: Khardiata Diatta
Mansata Diédhiou
Adama Sambou
Aïssatou Ndiaye
Location: Loudia Ouolof, Senegal
Activity: Crafts

About the Loan

Loan Amount: $1,325.00
Loan Use: Purchase of raw materials to make crafts
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 25, 2007
Date Disbursed: Jan 9, 2008
Date Funded:Dec 26, 2007
Loan Ended:Feb 15, 2009

About the Country

Country:Senegal
Avg Annual Income:$1,759.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:456.2574 XOF = 1 USD



We are a group of women who would like to make crafts and house wares using local products. We make house wares with materials such as palm tree bark and leaves, with which we make things such as laundry baskets, breadboxes (which we sell in restaurants), mats and other types of baskets. Financing will allow us to buy a large quantity of raw materials and to train young girls in the village in the art of basket making. This will help discourage young people from fleeing to the city. It will also allow us to make brooms, which we sell in big cities in Senegal. This will be our group’s second loan, but this time it will be for a limited amount so that we will be able to create a sustainable business.

Translated from French by Kristina Jackson, Kiva Volunteer.

Nous sommes un groupe de femmes qui voudrais confectionner des objets d'art et d'ustensiles de maison
avec des produits locaux. Notre travail consiste à fabriquer des ustensiles de maison avec des matériaux comme le rônier et les feuilles de palmier avec lesquels nous fabricons des paniers à linge ou de rangement des paniers à pain que nous vendons dans des restaurants, des nattes et autres objets de vannerie. Le financement nous permettra de pouvoir acheter la matière première en quantité suffisante et nous permettra ainsi de pouvoir former des jeunes filles du village au métier de vannerie, contribuant ainsi à la lutte contre l'immigration des jeunes vers les villes. Cela nous permettra aussi de fabriquer des balais que nous vendons dans les grandes villes du Sénégal. Ce sera le deuxième prêt que notre groupe va recevoir, mais cette fois ci ce sera un nombre très limité, afin que le financement puisse nous permettre de créer une entreprise durable.


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

scott
Portland, OR
United States

William
Hoodsport, WA
United States

Janet
Highland Park, IL
United States

Emily's Family
Santa Barbara, CA
United States

Kay
Columbia, MD KivaFriends.org
United States

Paul
Los Angeles, CA
United States

Morgan
Suwon, Kyunggi-do
Korea, Republic of

George
Kingman, AZ
United States

Ricardo
Oakville, Ontario
Canada

Linda
Westwood, MA
United States

Carolyn
Portland, OR
United States

Susan
Seattle, WA
United States

Kimberly
San Mateo, CA
United States

John
Bend, OR
United States

Claus-Peter
www.kivafriends.org,
Germany

Joey
Los Angeles, CA
United States

Jenny
Independence, MO
United States

Christopher
Christchurch,
New Zealand

Jason
Newhall, CA
United States

Robert
Lodi, CA
United States

Charlotte
Seattle, WA
United States

Pamela
Tallahassee, FL
United States

Kajsa
Vancouver, BC
Canada

Rick
Kirkland, WA
United States

Chad and Hailey
Henley Beach, South Australia
Australia

Susan
Cupertino, CA
United States

Casey
Redmond, WA
United States

Phillip
Oakton, VA
United States

KeksCrew
Wien, Vienna,
Austria

Tiffany
Freedom, CA
United States

Paddy
Ulverston, Cumbria - England
United Kingdom

Jill
Splashdown, WA
United States

don
vancouver, British Columbia
Canada

Anonymous
Portland, OR
United States

Chus
Oviedo, Asturias

Gail
Kirkland, WA
United States

Diane
Bend, OR
United States

Joyce & Mike
Portland, OR
United States

Lance
San Francisco, CA
United States

Peter
kivafriends.org, Brighton, England
United Kingdom

Sally
Cheney, WA
United States



Journal entries for Jamonoy Tey De Kacoumpa Group


Loan has been disbursed
 
Entrepreneur: Jamonoy Tey De Kacoumpa Group
Location: Loudia Ouolof, Senegal

Thank you for your loan. It has been disbursed to Khardiata Diatta
Mansata Diédhiou
Adama Sambou
Aïssatou Ndiaye by Senegal Ecovillage Microfinance Fund in Senegal. We are excited to watch this business grow. Over the next 12 months, Senegal Ecovillage Microfinance Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Loudia Ouolof, Senegal
Jan 9, 2008
Comment on this entry

Update
 
Entrepreneur: Jamonoy Tey De Kacoumpa Group
Location: Loudia Ouolof, Senegal

The Jamonoy Tey group does crafts as well as vegetable gardening in the village of Loudia in southern Senegal. Mansata Diedhiou does wickerwork, basketmaking, mats for praying or sleeping, and traditional umbrellas. Khardiata Diatta described how she has used this loan to buy seeds in order to grow cassava, sweet potatoes, and peanuts, and to sell them in the nearby town of Elinkine. The women are extremely thankful for this loan and say it has helped them with school and health expenses for their families. For the moment business is good, although slow, since the rainy season in this part of the country requires everyone to leave other activities behind to cultivate the rice fields.


Posted by Jonathon Repinecz from Loudia Ouolof, Senegal
Aug 6, 2008
Comments (2)

Kiva Help Repayment Schedule for Jamonoy Tey De Kacoumpa Group

  Expected Repayments Actual Repayments Comments
April 2008 $110.42 $111.00 Repayment Received
May 2008 $110.42 $111.00 Repayment Received
June 2008 $110.42 $111.00 Repayment Received
July 2008 $110.42 $111.00 Repayment Received
August 2008 $110.42 $111.00 Repayment Received
September 2008 $110.42 $111.00 Repayment Received
October 2008 $110.42 $111.00 Repayment Received
November 2008 $110.42 $111.00 Repayment Received
December 2008 $110.42 $111.00 Repayment Received
January 2009 $110.42 $105.17 Repayment Received
February 2009 $110.42 $110.42 Repayment Received
March 2009 $110.38 $110.41 Repayment Received