Diamano Plateau 1 Group

Commerce is the main activity of people. The women devote themselves particularly to commerce because of the lack of industries in villages. The group is fixed on, among other objectives, improving the living conditions of its members and alleviating the burden of housewives. It involves buying and reselling products from ocean harvests (smoked fish, dried fish), lemon juice, palm oil from the Ziguinchor region, cloth, pagnes (popular African fabrics), holiday-related goods from the Kaolack region, and any other merchandise that is easy to sell and that doesn’t deteriorate rapidly. This will enable them to do a good business, such as during the holidays of Korité (Aïd el Fitr) and of Tabaski (Aïd el Kabir).

For this project to succeed, the group is requesting a renewal of a loan of 1,000,000 francs that will be shared between two groups: Diamono Plateau 1 (500,000 francs) and Diamono Plateau 2 (500,000 francs) in order to be able to manage these businesses well.

Translated from French by Dan Kuey, Kiva Volunteer

Le commerce est la principale activité des populations. Les femmes s'adonnent surtout au commerce à cause du manque d'industries dans le village. Le groupement s’est fixé entre autre objectif d’améliorer les conditions de vie de ses membres, d’alléger le panier de la ménagère. Il s’agit d’achat et de revente de produits halieutiques (poissons fumés, poissons séchés), du jus de citron, de l'huile de palme venant de la région de Ziguinchor, des tissus, des pagnes, des articles de fête venant de la région de Kaolack et toute autre marchandise facile à vendre et ne se détériorant pas vite. Ce qui leur permettra de faire de bonnes affaires durant comme les fêtes de Korité (l’Aïd el Fitr) et de Tabaski (Aïd el Kabir).
Pour réussir ce projet, le groupement sollicite un renouvellement de prêt de 1 000 000 F qui sera partagé entre 02 Groupements dont Diamono plateau 1 = 500 000 F et Diamono plateau 2 = 500 000 F de afin de pouvoir mener à bien ses activités.


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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