100%

funded

Total loan: $4,775

01_Khodoba Group

, , Senegal / Food

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A loan helped to buy fruits and vegetables designated for resale.


01_Khodoba Group's story

This "banc villageois" that has existed since January 2001 shelters this group comprised of seven dynamic women who are from the same neighborhood; they are parents, friends, and neighbors and are united by strong solidarity. Their main businesses are sales and livestock raising.

Madame Ndéye Sokhna, 55 years old, is the representative standing at the far right of the photo. She is married and the mother of five children, three of whom are boys, and four of whom are educated. To develop her business, she was able to establish a good savings in order to obtain a larger loan.

Madame Ndéye Sokhna manages a small fruit business; she buys her products in bulk at orchards and resells them on the sides of the national route. She sells ice cream from home. She profits from more than 5 years of experience.

She envisions buying 2 bags of 100kg of monkey bread [fruit of the baobab tree], 2 bags of sorrel fruit (bissap) [hibiscus plant], 2 baskets of wild fruits ("ditakh" in Wolof), and 10 cases of mandarins that she will resell with good earnings. She manages very well.

Her profits will allow her to save up, contribute to tontines, and to take care of her children's school transportation and other small needs.