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Gie Pakao Group
In this Group: Karamo, Karfa, Fatou, Fatou, Dallo
For the first time, we've come to request a loan from your institution. We are a group of women who live in an isolated area with some access problems. Moreover, this is why we have never received financing or loans from the classic institutions that operate in our area. Only SEM has spoken of you and your grandeur in being willing to finance remote villages like ours. And so, our hopes are founded on this loan, which will enable us to work and to lift ourselves out of the poverty in which we've remained for so long.

Yet we have a real production capacity that only requires some support, and we are sure of making it through with our heads held high. This loan will allow us to supply ourselves with merchandise that the people need and have trouble finding, in any case at an enormous sacrifice, given the isolation of our village.
View original language description ↓
Nous venons pour la première fois solliciter un prêt dans votre institution. Nous sommes un groupe de femmes qui habite une zone enclavée avec des difficultés pour y accéder. C'est d'ailleurs pourquoi nous n'avons jamais reçu de financement ou de prêt des institutions classiques qui opèrent dans notre zone. Seul le SEM nous a parlé de vous et de votre grandeur en acceptant de financer les villages reculés comme le nôtre. C'est pour cela que nous fondons espoir dans ce prêt qui va nous permettre de travailler et de sortir de la misère dans laquelle nous sommes restées si longtemps. Nous avons pourtant une réelle capacité de production qui ne demande qu'à être soutenu et nous sommes sur de nous en sortir la tête haute. Ce prêt nous permettra de nous équiper en marchandise dont les populations ont besoin et qu'elles trouvent difficilement, sinon à prix de sacrifices énormes vu l'enclavement de notre village.

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
  • 21
    View loans »
    Senegal Loans Fundraising
  • $12,847,925
    Funds lent in using Kiva
  • 457.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Gie Pakao Group's $1,100 loan helped a member to buy food items and housewares.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 12, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 9, 2010