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Jamonoy Tey De Kacoumpa Group
In this Group: Khardiata, Mansata, Adama, Aïssatou
We are a group of women who would like to make crafts and house wares using local products. We make house wares with materials such as palm tree bark and leaves, with which we make things such as laundry baskets, breadboxes (which we sell in restaurants), mats and other types of baskets. Financing will allow us to buy a large quantity of raw materials and to train young girls in the village in the art of basket making. This will help discourage young people from fleeing to the city. It will also allow us to make brooms, which we sell in big cities in Senegal. This will be our group’s second loan, but this time it will be for a limited amount so that we will be able to create a sustainable business.

Translated from French by Kristina Jackson, Kiva Volunteer.

Nous sommes un groupe de femmes qui voudrais confectionner des objets d'art et d'ustensiles de maison
avec des produits locaux. Notre travail consiste à fabriquer des ustensiles de maison avec des matériaux comme le rônier et les feuilles de palmier avec lesquels nous fabricons des paniers à linge ou de rangement des paniers à pain que nous vendons dans des restaurants, des nattes et autres objets de vannerie. Le financement nous permettra de pouvoir acheter la matière première en quantité suffisante et nous permettra ainsi de pouvoir former des jeunes filles du village au métier de vannerie, contribuant ainsi à la lutte contre l'immigration des jeunes vers les villes. Cela nous permettra aussi de fabriquer des balais que nous vendons dans les grandes villes du Sénégal. Ce sera le deuxième prêt que notre groupe va recevoir, mais cette fois ci ce sera un nombre très limité, afin que le financement puisse nous permettre de créer une entreprise durable.

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
  • $13,155,075
    Funds lent in using Kiva
  • 456.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jamonoy Tey De Kacoumpa Group's $1,325 loan helped a member purchase of raw materials to make crafts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 9, 2008
Listed
Dec 25, 2007
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009