Total loan: $3,475

Mberry's Group

Flag of Senegal
, , Senegal / Retail

Mberry's Group's loan finished fundraising,
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A loan helped to buy perfume and clothing for resale.

Mberry's Group's story

This group was created in October 2006 and is composed of persons who have good neighborly relationships, value mutual assistance and work is small business.
Mberry, age 67, is standing at the right of the picture with her hand up. She is a widow with four dependents, including a 15-year old niece. With this loan and the help of her daughter who is married and living in Dakar, she wants to buy perfumes wholesale, for 10 000 francs ($17.00) a dozen, and dresses for 4 000 francs ($7.00) each. She will sell the perfumes locally for 2 000 francs ($3.50) each and the dresses for 6 000 francs ($10.00) each.
With her profits she will pay interest, enhance her savings and improve her family's living conditions, including food, health, schooling and housing