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Saak Guiss 2 Group
In this Group: Amy Diambogne, Siga, Tening, Khady, Diouma
We are a group of women who live in the eco-village of Palmarin. Having already benefited from a loan, which has been repaid without much difficulty, we want to continue to manage our businesses producing and selling processed foods (peanut butter, couscous, beans, and salt). We wish to be able to furnish the entire village with foodstuff and even to resupply the fishermen with food for their trips on the high seas.

With the initial loan, we were able to build a store house. However, with this new loan, we wish to bolster our capacity to store foods and to change out our salt extraction equipment, which dilapidated.
View original language description ↓
Nous sommes un groupement de femmes qui habite l'écovillage de Palmarin. Ayant déjà bénéficié d’un prêt qui a été bien remboursé sans difficulté majeure, nous voulons continuer à mener nos activités sur la production et la vente de denrées alimentaire transformées (pâte d'arachide, couscous, haricot, et sel). Nous souhaitons pourvoir fournir tout le village en denrées alimentaires et même ravitailler en nourriture les pêcheurs qui vont en haute mer. Avec le premier prêt, nous avons pu construire un magasin de stockage. Cependant, avec ce nouveau prêt, nous souhaitons renforcer notre capacité de stockage en denrées et changer notre matériel d'extraction de sel qui est vétuste.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Senegal

  • $1,759
    Average annual income
  • 10
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 473.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Saak Guiss 2 Group's $1,075 loan helped a member to buy and sell foodstuff.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 10, 2009
Listed
Jun 24, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 5, 2010