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Kassoumaye De Cachouane Group
In this Group: Prudence, Awa, Aliou, Mansour, Abdoul Aziz
We are a group of young people supervised by a professional in the extraction of Oil of Myrrh, a product in very high demand locally, throughout Senegal, and in neighboring countries. It is very rare and difficult to obtain. We will be able to produce the oil thanks to the experience of women in our eco-village. The funds will be used to purchase seeds of fruit which will be treated and transformed to obtain the oil. We are young people living in a geographically isolated enclave, so we will benefit from having work here in our ecovillage. We are certain we'll be successful because this product is highly valued for its healing properties.
View original language description ↓
Nous sommes un groupe de jeunes personnes encadrée par une professionnelle dans l'extraction de l'huile de myrrhe qui est un produit très demandé dans le marché local et dans tout le pays et les pays voisins. C'est un produit très rare, difficile d'obtenir et dont nous proposons de produire grâce à l'expérience acquise dans ce domaine par les femmes de notre écovillage. Les fonds vont nous permettre d'acheter les graine du fruit qui seront traitées et transformées pour l'obtention de l'huile.Cela nous aidera nous jeunes de l'écovillage de Cachouane à trouver un emploi, vu que nous habitons un écovillage enclavé à cause de sa situation géographique(île).Nous sommes certains que nous pourrons nous en sortir car ce produit est très recherché pour ses vertus curatives.

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

  • $2,300
    Average annual income
  • 38
    View loans »
    Senegal Loans Fundraising
  • $14,558,450
    Funds lent in using Kiva
  • 462.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kassoumaye De Cachouane Group's $1,175 loan helped a member purchase of raw materials to produce Oil of Myrrh.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 10, 2009
Aug 1, 2009
Currency Exchange Loss:
Aug 17, 2010