Total loan: $3,750
Fatoumata Toumboul's Group
, , Senegal / Retail
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A loan helped to buy palm oil and sugar to resell.
Fatoumata Toumboul's Group's story
These 24 women live in the same village and are members of the same banc villageois created in June 2009. Mrs. Fatoumata Toumboul, the group representative, is a 56-year-old woman. She is a married mother of five, four of whom are girls. She is on her fourth loan with the banc villageois. Fatoumata Toumboul has been developing her business selling palm oil and sugar for 3 years. With this loan, she foresees buying 2 sacks of sugar and three 20-liter containers of palm oil to sell. She will use the profits from her business to pay for her children’s schooling and for savings.