A loan of $3,125 helped a member to purchase soap and various typical consumer goods to resell.

Fatoumata's Group's story

[This group] was newly created at the installation of the 'banc villageois' to realize a wish of all the group members to have access to loans for running revenue-generating businesses centered on small-scale commerce.

Ms. Fatoumata (sitting in the first row at the far right) is the featured borrower of the group. She is 55 years old, married, and the mother of seven children (a girl and six boys). She sells various typical consumer goods. Her business involves purchasing soap by the box wholesale to sell retail in her village and at the weekly market.

With her new loan, she wants to purchase 5 boxes of soap at 10,000 francs CFA per box, plus a variety of other consumer products for retail sale.

The profits will be used to increase her savings, as well as to purchase one or two head of sheep.

In this group: Fatoumata, Ramata, Dienabou Mariama, Dienabou, Assette, Kadiatou Fatoumata, Aissatou, Dienabou, Kadiatou Nioko, Maimouna, Coumbayel, Dado, Aissatou, Ramata, Rouby, Fatoumata Binta, Binta Assette, Sira Woude, Sackou, Bandie, Kadiatou, Souka, Sounkarou, Aminata, Sona, Mariama, Banta, Fatoumata, Meta, Oumou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details