Total loan: $5,150

Fatou's Group

Flag of Senegal
, , Senegal / Retail

Fatou's Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy fresh fish and vegetables to resell.

Fatou's Group's story

This banc villageois, which has been in existence since January 2001, includes this group of seven energetic women from the same district. They are parents, friends and neighbors, and united by a strong sense of solidarity. Their main businesses are sales and raising animals.

Fatou, standing to the far right in the photo, is the representative. She is 47, married and the mother of seven children, including three girls; they are all in school. One of the boys is a graphic designer.

Fatou runs a retail business selling fish and vegetables. She buys her products wholesale at the central market and resells in her district from her home. She is able to capitalize on more than 10 years of solid experience. To develop her business, she was able to put together a good amount of savings in order to obtain a larger loan.

She plans to buy 10 crates of fish and bags of vegetables (cabbages, carrots, manioc, eggplant, etc.) that she will resell for a healthy profit. She will set aside a portion to serve as working capital. She is the only person who conducts this business in her area of the district.

Her profits will allow her to save, pay for her children's clothes and school fees, and help her husband with the family's other expenses.