Kheweul Group

Status: Paid Back

$1,350.00		Loan Request
$1,350.00		Paid Back

About the Group

Group Name:	Kheweul Group
Group Members:	Bousso Soxna Aïssatou Ndiaye Mame Diara Guéye Daba Mbacké Niana Soxna Fatou Guéye Soda Soxna
Location:	Ker Gu Mag, Senegal
Activity:	Textiles

About the Loan

Loan Amount:	$1,350.00
Loan Use:	Sale of local handicrafts (batiks) Vente de produits artistiques locaux (Tissu batick)
Repayment Term:	15 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Dec 27, 2007
Date Disbursed:	Jan 10, 2008
Date Funded:	Dec 27, 2007
Loan Ended:	Feb 15, 2009

About the Field Partner

Field Partner:

Senegal Ecovillage Microfinance Fund (SEM)

Field Partner Risk Rating:

(Learn more)

Active

45 months

1096

$342,725

N/A - see note

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Senegal
Avg Annual Income:	$1,759.00
Currency:	Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:	452.8234 XOF = 1 USD

This group of entrepreneurs which calls itself Kheweul has initiated its own special program in the fight against poverty. We intend to sell hand-dyed cloth (batiks) produced by group members. Starting up this joint venture is the reason why we are asking for a loan which will allow us to better care for ourselves and our families by increasing our income and at the same time allow us to protect our environment.

Translated from French by Teresa Kramer, Kiva volunteer

Le groupement Kheweul, dans le cadre de la lutte contre la pauvreté, a initié un programme qui lui est propre; Il s'agit, de la vente des produits de teinture fabriquées par les membres dudit groupement.

C'est a cette ocasion que le groupement sollicite un prêt qui leurs permettra de mieux s'occuper, de faire des recettes pour le soutien des familles et aussi pour la protection de leurs environnements.

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

Lenders to this group

eLiz
Guelph, Ontario
Canada

Lloyd
New York, NY
United States

Bobbi
Elkins Park, PA
United States

Jill
Lambertville, NJ
United States

DLee
Canton, Ga
United States

Cleo
Kanata, Ontario
Canada

Ashley

Zambia

Debra
Phoenix, AZ
United States

Claus-Peter
www.kivafriends.org,
Germany

Dorie
Rockville, MD
United States

Katherine
Erin, Ontario
Canada

Derek
Toronto, Ontario
Canada

Jacquie
Vancouver, BC
Canada

Ricky
Rome, GA
United States

Veronon
Victoria, BC
Canada

Anonymous
Austin, TX
United States

Cobb & Associates
Atlanta, GA
United States

Peggi & Telia

Mark
presque Isle, MI
United States

Anonymous
Silver Spring, MD
United States

Julie

Debbie

Neal
Brooklyn, NY
United States

Dennis
Indianapolis, Indiana
United States

Nancy
St. Clair, MI
United States

Trish

Donnaldson
Brooklyn, NY
United States

Leah
East Boston, MA
United States

Sharon
Manchester, TN
United States

Michael
Boscobel, WI
United States

Marilyn
Greenwood, MO
United States

Leena
Vantaa,
Finland

Stephen
Saskatoon, Saskatchewan
Canada

Claudia
Berwick, PA
United States

Anonymous
Madison, NJ
United States

Denise
Scarborough, Ontario
Canada

Diane R
KivaFriends.org, Santa Clara, CA
United States

Anonymous
Fernandina, FL
United States

Red Cowboy Designs
Sugar Hill, GA
United States

Liz
Winnetka, IL
United States

Anonymous
Bedford, Bedfordshire
United Kingdom

Lisa
Hanover, MD
United States

jason

Sharon
Oklahoma City, OK
United States

Don
kivafriends.org, Auburn, AL
United States

HarryLime
Alexandria, Ontario
Canada

Tom
Austin, TX
United States

Udi
Highland Park, NJ
United States

Journal entries for Kheweul Group

Loan has been disbursed Entrepreneur: Kheweul Group Location: Ker Gu Mag, Senegal Thank you for your loan. It has been disbursed to Soda Soxna Fatou Guéye Niana Soxna Daba Mbacké Mame Diara Guéye Aïssatou Ndiaye Bousso Soxna 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 Ker Gu Mag, Senegal Jan 10, 2008
Comments (1)

Mise à jour Entrepreneur: Kheweul Group Location: Ker Gu Mag, Senegal Soda Soxna La couture et la teinture, activités principales du groupement, vont bien et même s'agrandissent. Le prêt de Kiva a permis aux membres d'avoir la possibilité financière de poursuivre des métiers qu'elles connaissaient déjà. Nous avons eu des bénéfices qui nous ont permis de régler plusieurs situations difficiles. Au lieu de se partager les bénéfices, nous avons manifesté le désir de réinvestir les bénéfices dans les opérations du groupement afin de plus développer notre activité et aimerions que notre prêt soit renouvelé pour ne pas perdre l'élan de travail actuel. Nous ne cesserons jamais de remercier Kiva
Posted by Ngone Thiang from Ker Gu Mag, Senegal Dec 30, 2008
Comments (1)

Repayment Schedule for Kheweul Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
April 2008	$112.50	$113.00	Repayment Received
May 2008	$112.50	$113.00	Repayment Received
June 2008	$112.50	$113.00	Repayment Received
July 2008	$112.50	$113.00	Repayment Received
August 2008	$112.50	$113.00	Repayment Received
September 2008	$112.50	$113.00	Repayment Received
October 2008	$112.50	$113.00	Repayment Received
November 2008	$112.50	$113.00	Repayment Received
December 2008	$112.50	$113.00	Repayment Received
January 2009	$112.50	$108.00	Repayment Received
February 2009	$112.50	$112.50	Repayment Received
March 2009	$112.50	$112.50	Repayment Received