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Taku Liguèye De Tessito Group
In this Group: Liliane, Angèlique, Léonie, Khady, Aminata
Having had the benefit of an initial loan, which we shared among thirty or so people, we decided this time to create a smaller group so that we could start up a sustainable business with a limited number of members. On this occasion we want to make a business of forest and fishing products that we intend to buy from producers and resell in town or at village fairs that take place every week around our village. Through SEM and Kiva we have been able to pursue activities that have brought us a small income and this time we hope to do better.

Translated from French by Sarah Llewellyn, Kiva Volunteer.
Après avoir bénéficié d'un premier prêt, que nous avons partagé entre une trenteine de personnes, nous avons décidé pour cette fois ci de créer un groupe restreint pour pouvoir mettre sur pied une entreprise durable avec un nombre limité de membre.
Pour cette fois-ci nous voulons faire du commerce de produits forestiers et halieutiques que nous comptons acheter chez les producteurs et ensuite les revendre en ville ou dans les foires villageoises qui s'organisent toutes les semaines autour de notre village.
Grâce au SEM et à Kiva nous avons pû faire des activités qui nous ont rapporté un peu d'économie et pour cette fois, nous espèrons faire mieux.

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
  • 0
    View loans »
    Senegal Loans Fundraising
  • $15,265,150
    Funds lent in using Kiva
  • 442.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Taku Liguèye De Tessito Group's $1,200 loan helped a member to buy raw materials and forest products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 13, 2008
Feb 27, 2008
Currency Exchange Loss:
Apr 15, 2009