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Casa Mas 2 Group
In this Group: Lémou, Mariama , Alioune , Astou, Cheikh, Sophie
We are the second group of the association Casa Mas (ref. 50953) which has already benefited from a Kiva loan, which has just been repaid.  Basically, we are young boys and girls who want to work in food catering outside our village.  We have opted for creating a fast-food restaurant on the mainland in order to be able to help our families still back in the village of Carabane, where we live.  Just this business will be operated outside our village because the potential for financial returns can only be had in a place where many people come together.  Such a place is an eco-village (Elinkine) that is located on the mainland and that is moreover a fishing port.  This place is crowded with people who work there the entire season and who meet with difficulties in feeding themselves.  All of our group members have had training in the restaurant business in our tourism schools.
View original language description ↓
Nous sommes le deuxième groupe de l'association Casa Mas,(réf.50953) qui a déjà bénéficié d'un prêt de Kiva qui vient de boucler son remboursement. Nous sommes donc des jeunes garçons et filles qui veulent faire de la restauration hors de notre village. Nous avons opté pour la création d'un fast-food sur le continent pour pouvoir aider nos familles restées au village de Carabane où nous habitons. Seulement cette activité se fera hors du village car le potentiel en terme de rendement ne peut se faire que dans un lieu de forte affluence qui se trouve être un écovillage (Elinkine),localisé sur le continent , qui est de surcroit un port de pêche. L'endroit est très peuplé par des personnes qui y travaillent pendant toute la saison et qui rencontrent des difficultés pour se nourrir.Tous les membre de notre groupe ont eu une formation en restauration dans des écoles de tourisme

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
  • 19
    View loans »
    Senegal Loans Fundraising
  • $12,847,875
    Funds lent in using Kiva
  • 469.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Casa Mas 2 Group's $1,500 loan helped a member to buy restaurant supplies, equipment, and pots and pans.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 17, 2009
Listed
Jul 17, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 5, 2010