Sud Métal Group

Status: Refunded

$1,575
Loan Request
Pre-Disbursed : Nov 24, 2008
Listed: Nov 25, 2008
$0
Paid Back
Refunded: Nov 27, 2008

About the Country

Country:Senegal
Avg Annual Income:$1,759
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:516.0119 XOF = 1 USD


In this Group:
Ansoumana SARR, Lamine BIAYE, Bourama NDIAYE, Bouba DIALLO

About the Loan

Location: Ziguinchor, Senegal   Repayment Term: 14 months
(more info)
Activity: Services   Repayment Schedule: Monthly
Loan Use: Improve mechanical workshop and purchase iron supplies   Currency Exchange Loss: Covered
      Default Protection: Not Covered
The Sud Metal group is managed by Ansoumana Sarr. They are in the metal welding business and have a varied clientele (organizations, projects, special works). The Sud Metal group is involved with the training of young people. They are requesting this loan to purchase iron supplies and increase their business.

Translated from French by David Gibbons, Kiva Volunteer


Le Groupe Sud Métal est animé par Ansoumana SARR. Ils sont dans la menuiserie métallique et ont une clientéle assez variée (ONGs, projets, particuliers...). Le groupe Sud Métal participe aussi à la formation des jeunes. Ils sollicitent ce prêt pour acheter du fer et renforcer leurs activités.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Lenders to this group

Terry
KivaFriends.org , St. Louis, MO
United States

Claus-Peter
www.kivafriends.org,
Germany

Miguel
Den Haag, Zuid Holland
Netherlands



Top Lending Teams for this group


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Kiva Team Germany
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Journal entries for Sud Métal Group


Loan Refunded
 
Entrepreneur: Sud Métal Group
Location: Ziguinchor, Senegal

This loan has been refunded for the following reason:

Due to administrative error, this loan was posted twice.


Posted by Anne-Laure Behaghel, Kiva Staff, from San Francisco, United States
Nov 27, 2008
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Kiva Help Repayment Schedule for Sud Métal Group

  Expected Repayments Actual Repayments Comments
April 2010 $1,575.00 Available Apr 1 Repayment Received