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Sope Khadim Group
In this Group: Maguette , Mariéme Bal, Dièye , Ndeye, Marie, Makhete , Fatim , Youmeu, Mbéne , Déguéne
The members of the group Sope Khadim, being part of the eco-village Thiaroye, intend to fight against idleness and to take charge of their own destiny. This is why the women got organized into a group. They prefer to be active in the socio-economic advancement of all its members by participating in the development of their community.


The objective of this loan is to bolster their business of processing local grain. This is work they've already mastered, and it is centered on purchasing local grain (millet, corn, sorghum) and then proceeding to process it. The sale of the resulting products "thiacri" and "araw" (the Senegalese names) will allow the loan to be repaid without much difficulty. The turnover of these products pose no problem because the quantity to be sold is less than the level of demand. This loan will allow them to improve the quality and quantity of the goods to be sold.

View original language description ↓
Le groupe Sope Khadim faisant parti de l'écovillage Thiaroye compte lutter contre l'oisiveté et prendre en charge leur propre destinée. C’est pourquoi les femmes se sont organisées en groupement et préfèrent s’activer pour la promotion socio-économique de ses membres tout en participent au développement de leur communauté. Ce prêt a pour objectif de renforcer l’activité de transformation de céréale locale dont elles maitrisent déjà. L'activité tourne autour de l’achat de céréales locales (mil, maïs, sorgho) et après procéder à leur transformation. La vente de ces produits transformés d’où le « thiacri, araw » (noms sénégalais des produits) permettra de rembourser le prêt sans grande difficulté. L’écoulement des produits ne posant aucun problème car l’offre étant inférieure à la demande, ce prêt permettra donc d’améliorer l’offre au plan qualitatif et quantitatif.

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
  • 48
    View loans »
    Senegal Loans Fundraising
  • $13,535,825
    Funds lent in using Kiva
  • 516.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sope Khadim Group's $1,375 loan helped a member to buy raw materials to process into cereal products.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 14, 2009
Listed
Dec 19, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2010