Total loan: $500


, , Senegal / Food

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A loan helped to pay for palm oil and peanut butter to resell.

Yama's story

Ms. Yama jumped at the opportunity to join the 'banc villageois' set up in town in December 2008, so it was a chance to develop her business further. She has repaid several loans successfully. She is 44, married, and the mother of seven children, of whom two are boys. The oldest are in school, and the youngest is 9 months old.

Ms. Yama runs a business selling food products: palm oil and peanut butter. She resupplies herself from the weekly markets to resell the products from her home in her neighborhood. At the same time, she knits hats or caps, which are on offer to her customers. She capitalizes on over five years of good experience.

With this new loan, she envisions paying for five 20-kg buckets of peanut butter, seven 20-liter containers of palm oil, some yarn for her knitting, and the transport costs. She is practically the only one selling caps in her neighborhood, and this brings in good earnings in addition to her main products.

Her earnings enable her to save money within the 'banc villageois' and to support herself and her family.