Groupement De Keur Madiagne

Status: Paid Back

$1,725.00		Loan Request
$1,725.00		Paid Back

About the Group

Group Name:	Groupement De Keur Madiagne
Group Members:	Ngone Diop Fatou Chekh Diagne Fama Diop Fatou Cisse Anta Dieng Ram Diop Anna Samba Anta Sarr Ami Sarr Aissatou Fall
Location:	Mbour, Senegal
Activity:	Retail

About the Loan

Loan Amount:	$1,725.00
Loan Use:	Fortification of working capital
Repayment Term:	10 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 14, 2008
Date Disbursed:	Sep 2, 2008
Date Funded:	Aug 19, 2008
Loan Ended:	Jun 15, 2009

About the Field Partner

Field Partner:

UIMCEC, a partner of ChildFund International

Field Partner Risk Rating:

(Learn more)

Active

21 months

1370

$532,800

0.00%

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:	439.1954 XOF = 1 USD

These women have a good history with the IMCEC credit organization, dating from two years ago. They buy vegetables, fish, oil and second-hand clothes, which they resell in their neighborhoods around the village of Mbour. They are going to use this loan to augment their working capital, thereby increasing their stock and diversifying the products they carry. They are part of the large Lingueres de Mbour association. They are mothers of families, very lively and hardworking.

Translated from French by Jonah Durning-Hammond, Kiva Volunteer.

Elles ont une bonne expérience avec l’IMCEC (deux ans). Elles achètent des légumes, du poisson, de l’huile et de la piperie qu’elles revendent dans leurs quartiers situés à la périphérie de la commune de Mbour. Elles vont investir le crédit dans le renforcement de leur fonds de roulement et ainsi, améliorer le niveau de les stocks et la diversité de leurs produits. Elles font parti du grand groupement des Lingueres de Mbour .Elles sont des mères de familles très dynamiques et travailleuses.

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

Jill
Splashdown, WA
United States

Mutt Lynchs
Newport Beach, CA
United States

Natasha
Melbourne
Australia

Diana
Corvallis, OR
United States

Rosemarie

Fredric
Unionville, VA
United States

Anonymous

Jacobson Family
Cortlandt Manor, NY
United States

iris

Germany

Els en Henk
Hillegom,
Netherlands

Carole
Oak Park, IL
United States

John
Tring, Hertfordshire
United Kingdom

Marsha
Salinas, CA
United States

Linda
Camarillo, CA
United States

Brad
Victoria, British Columbia
Canada

Todd
Navarre, OH
United States

Jay

Kuwait

Chantale
Seven Hills, New South Wales
Australia

Emily's Family
Santa Barbara, CA
United States

Lisa & Jake
Port Orchard, WA
United States

Anonymous
Brooklyn, NY
United States

Gowri
Dallas, TX
United States

The Smiths
., Somerset
United Kingdom

Doug
Montreal, Quebec
Canada

Anonymous
Port Tobacco, MD
United States

Marco
Antibes,
France

Amy's mom
KivaFriends.org, Midwest
United States

A&U
Houston, TX
United States

phaona
Des Plaines, IL
United States

Merle & Georgina
Red Deer, Alberta
Canada

Anonymous
Pilesgrove, NJ
United States

Cool Grandparents!

Daniel Durrant
Eugene, Or
United States

Mohammad
Toronto, Ontario
Canada

angie
Nanaimo, British Columbia
Canada

Shirley
Rocky Mount, NC
United States

Satoko
Okinawa
Japan

Mark
Forest Grove, OR
United States

Chris

Luke
Fort Collins, CO
United States

Michelle & Cliff
Coppell, Texas
United States

Hans
Duiven,
Netherlands

Anonymous
Chicago, IL
United States

John and Maggie
London,
United Kingdom

hugh
loughton, Essex
United Kingdom

Bruno

Italy

Julia
Berlin,
Germany

Mark
Drouin, Victoria
Australia

Pierre
London, London
United Kingdom

Kev & Robyn
Ipswich, Queensland
Australia

Pieter
Den Dolder,
Netherlands

Hans-Peter
Griesstaett,

Vidar
Malmö,
Sweden

Nikos
Lugano, Ticino
Switzerland

Howard & Jillian
Vence,
France

greg
Victoria, British Columbia
Canada

Anonymous
MINNEAPOLIS, MN
United States

Anonymous
Williston, VT
United States

Elisabeth
Dulwich Hill, New South Wales
Australia

Journal entries for Groupement De Keur Madiagne

Loan has been disbursed Entrepreneur: Groupement De Keur Madiagne Location: Mbour, Senegal Thank you for your loan. It has been disbursed to the GROUPEMENT DE KEUR MADIAGNE group, consisting of Aissatou Fall, Ami Sarr, Anta Sarr, Anna Samba, Ram Diop, Anta Dieng, Fatou Cisse, Fama Diop, Fatou Chekh Diagne, Ngone Diop by UIMCEC, a partner of Christian Children's Fund in Senegal. We are excited to watch this business grow. Over the next 8 months, UIMCEC, a partner of Christian Children's Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Mbour, Senegal Sep 2, 2008
Comments (1)

Kiva Field Update - Message from Senegal Entrepreneur: Groupement De Keur Madiagne Location: Mbour, Senegal Hi Kiva lenders! You are receiving this journal update to thank you for the Kiva loan you made to a client of IMCEC, a partner MFI in Senegal, West Africa. IMCEC (also known as "UIMCEC") is working on putting in place an efficient, well-oiled system for sending journal updates. However, for the moment, they're a bit behind schedule! Please accept the video below in lieu of your regularly scheduled journal update. I hope that, through this video, you will feel a stronger connection to IMCEC and its clients. As you will see, there is lots of energy and life that goes into running an MFI, and IMCEC and its borrowers are grateful for the support of Kiva and lenders like you. Enjoy the video, and thank you for your continued support of Kiva and IMCEC! Best regards, Abby Gray Kiva Fellow in Senegal
Posted by JD Bergeron, Kiva Staff, from San Francisco, United States Jun 11, 2009
Comments (18)

Repayment Schedule for Groupement De Keur Madiagne

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2008	$215.62	$216.00	Repayment Received
January 2009	$215.62	$215.25	Repayment Received
February 2009	$215.62	$215.62	Repayment Received
March 2009	$215.62	$215.62	Repayment Received
April 2009	$215.62	$215.62	Repayment Received
May 2009	$215.62	$215.62	Repayment Received
June 2009	$215.62	$215.62	Repayment Received
July 2009	$215.66	$215.65	Repayment Received