Corépa 2 Group

The women of the Corépa 2 Group in Palmarin ecovillage (http://www.sem-fund.org/palmarinfr.php) would like to thank Kiva for having faith in them. They are, however, calling on Kiva again to request a new loan of 700,000 F ($1,500) to allow them to keep their dyeing businesses going. With this loan, they will buy dyeing materials and lots of fabric to increase their stock. They will use this fabric to make clothes that will be sold in tourist outlets in the ecovillage and also sent off to Dakar, the capital of Senegal, for a fast sale.

Translated from French by Alison Dent, Kiva Volunteer

Nous les femmes du Gie Corépa 2 de l'écovillage Palmarin (http://www.sem-fund.org/palmarinfr.php) remercient Kiva de leur avoir fait confiance. Cependant, elles reviennent auprès de Kiva solliciter un renouvellement de prêt d'un montant de 700 000 F qui leur permettra de continuer leurs activités de teinture. Avec le prêt, elles vont acheter beaucoup de tissus pour agrandir leur stock, du matériel pour la teinture. Avec ces tissus, elles vont coudre des habits qui seront mis en vente dans les établissements touristes de l'écovillage et ensuite exportés vers la capitale "Dakar" pour une plus rapide liquidation du produit.


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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