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Ndiaye Kunda Group
In this Group: Fatou , Thioro , Kiné, Khady, Moustapha
We are inhabitants of the eco-village Elinkine, which is a fishing port where tonnes of fresh fish are unloaded, processed, and exported to other cities in the nation. We want to create a business for marketing fresh fish, such that we can buy from fishermen and then go resell the fish in Ziguinchor and in surrounding cities. This is a very lucrative business that yet requires financial means to address the demands of people distant from coastal access. Addressing this situation, which will enable us to fight poverty and idleness among our children, is the reason why we have come to request financing from Kiva. Also, this is a business that provides us with the employment for coping with the needs of our families, who living in extreme poverty.
View original language description ↓
Nous sommes des habitants de l'écovillage d'Elinkine qui est un port de pêche où débarque des tonnes de poissons frais qui sont ensuite transformés et exportés vers les autres villes du pays. Nous voulons créer une activité de commercialisation de poissons frais que nous pouvons acheter chez les pêcheurs pour ensuite aller les revendre à Ziguinchor et dans les villes envoronnantes. C'est une activité très lucrative qui demande cependant des moyens financiers pour faire face à la demande des populations éloignées des côtes de débarquement. C'est pour faire face à cette situation qui nous permettra de lutter contre la pauvreté et l'oisiveté de nos enfants que nous sommes venus solliciter un financement à Kiva. C'est aussi une activité qui nous permet d'avoir un emploi pour faire face aux besoins de nos famille qui vivent sous une pauvreté extrème.

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
  • 40
    View loans »
    Senegal Loans Fundraising
  • $13,529,175
    Funds lent in using Kiva
  • 516.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ndiaye Kunda Group's $975 loan helped a member commerce in fresh fish.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 13, 2009
Listed
Dec 18, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010