Total loan: $4,500

01_Ngfc Group

, , Senegal / Food

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A loan helped to buy food products to resell.

01_Ngfc Group's story

This group comprised of seven courageous women makes up part of the "banc villageois" that has existed since August 2008. They live in the same neighborhood and came together by affinity and friendship. They have a good understanding of loans and always repaid on the due date. Their main business is in retail.

Madame Julia, the representative, is 52 years old, on the right of the photo and raising her hand. She is married and the mother of four children: two girls and two boys who all go to school.

Madame Julia manages a small business of food products (rice, tomatoes, fish, vegetables...). She buys in bulk at the market and resells from home, where she has her boutique. Simultaneously, she sells sewing accessories. She has more than 5 years of experience in this business.

With her loan she is going to buy vegetables, bags of rice, tomatoes, fish, etc, which she will resell with a profit margin.

Her profits will allow her to develop her business and to pay for her children's education.