100%

funded

Total loan: $3,425

07_Med 1 Group

, , Senegal / Food

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A loan helped to buy bags of sugar.


07_Med 1 Group's story

This group, consisting of five women, was created in 2013, when the the banc villageois was first launched. The group was formed by affinity: the members share a good relationship, and small trade is their main activity.

Madame Houraye (raising her hand on right side of the photo) is the group's representative. She is 61 years old and widowed. She has seven children, three of whom are girls. Madame Houraye sells sugar in her community. She gets her sugar supply in the regional capital and sells it locally either by bag or by kilo, especially to those who make tea.

With her new loan, she will buy bags of sugar for retail sale in her community. She will use the resulting profits to boost her savings and to purchase goats.