Gie Casafrique Group

Status: Paid Back

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

About the Group

Group Name:	Gie Casafrique Group
Group Members:	Gaetan Sagna Lamine Diedhiou Aminata Demba Thiam Ahmadou Coly
Location:	Ziguinchor, Senegal
Activity:	Personal Housing Expenses

About the Loan

Loan Amount:	$1,350.00
Loan Use:	To open a fast-food restaurant
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Sep 5, 2008
Date Disbursed:	Sep 20, 2008
Date Funded:	Sep 6, 2008
Loan Ended:	Oct 29, 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:	447.9051 XOF = 1 USD

This group runs a tourist camp in the Santhiaba neighborhood of Ziguinchor. It is a welcoming setting with a receptive staff. They are requesting this loan in order to open a fast-food restaurant so that customers will not have to go elsewhere to eat. These are very enterprising young people who have chosen to make their fortune locally.

Translated from French by Sarah Llewellyn, Kiva Volunteer

Ce groupe exploite un campement touristique au quartier Santhiaba de Ziguinchor. 'cest un cadre accueillant avec un personnel disponible. Ils sollicitent ce prêt pour ouvrir un fast-food afin d'éviter aux clients d'aller chercher à se restaurer à l'extérieur. Ce sont des jeunes trés entreprenants et qui ont choisi de faire fortune sur place.

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

Karen
Wayne, NJ
United States

David
Somerville, MA
United States

Terry
KivaFriends.org , St. Louis, MO
United States

Harold Zwaal
amsterdam,

Talkathon
Saint Louis Park, MN
United States

LTE
KivaFriends.org, Worplesdon, Surrey
United Kingdom

Corinne
St. Catharines, Ontario
Canada

Noel
Toronto, Ontario
Canada

Eileen
lethbridge, Alberta
Canada

Korbi
Munich,
Germany

Clayton
Avon, NC
United States

Kim
Kyoto,
Japan

Carol
Forest, Virginia
United States

kevin
albert park, Victoria

Buck
Lake Havasu City, AZ
United States

Anonymous
Alexandria, VA
United States

Bill
Phenix City, AL
United States

Peter Pappas
Rochester, NY
United States

Rachael
Ventura, CA
United States

Freddie
London,
United Kingdom

Anonymous

Kevin
Bethesda, MD
United States

Claire
Sacramento, CA
United States

Rick, Leesa & Mason
Southlake, TX
United States

Jeffery
lansing, MI
United States

Aviva
Cardiff, CA
United States

Ádám
Godollo, Pest
Hungary

Harry
Ojai, CA
United States

Kathleen
Ridgewood, NJ
United States

MGJ&Z
Raymore, MO
United States

Anonymous
South Hadley, MA
United States

Anonymous
Ancaster, Ontario
Canada

Karen
Cleveland, WI
United States

Pat and Jim
Washington, MI
United States

Gillian & Lucien
New York, NY
United States

Helena & Michael
Solrød Strand,
Denmark

Emily & Jeremy
Montreal, Quebec
Canada

Charlene
Jackson Hole, WY
United States

Amanda
Chicago Area, IL
United States

Monique

Benjamin
Toulouse,
France

Top Lending Teams for this group

RPCVs for Kiva
Alumni Groups
47 Members

Duke University Fuqua School of Business
Alumni Groups
10 Members

London
Local Area
229 Members

Stanford University
Colleges/Universities
190 Members

Journal entries for Gie Casafrique Group

Loan has been disbursed Entrepreneur: Gie Casafrique Group Location: Ziguinchor, Senegal Thank you for your loan. It has been disbursed to the GIE Casafrique group, consisting of Ahmadou Coly, Aminata Demba Thiam, Lamine Diedhiou, Gaetan Sagna by UIMCEC, a partner of Christian Children's Fund in Senegal. We are excited to watch this business grow. Over the next 12 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 Ziguinchor, Senegal Sep 21, 2008
Comment on this entry

Kiva Field Update - Message from Senegal Entrepreneur: Gie Casafrique Group Location: Ziguinchor, 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 Gie Casafrique Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2008	$112.50	$113.00	Repayment Received
January 2009	$112.50	$112.00	Repayment Received
February 2009	$112.50	$112.50	Repayment Received
March 2009	$112.50	$112.50	Repayment Received
April 2009	$112.50	$112.50	Repayment Received
May 2009	$112.50	$112.50	Repayment Received
June 2009	$112.50	$112.50	Repayment Received
July 2009	$112.50	$112.50	Repayment Received
August 2009	$112.50	$112.50	Repayment Received
September 2009	$112.50	$112.50	Repayment Received
October 2009	$112.50	$112.50	Repayment Received
November 2009	$112.50	$112.50	Repayment Received