Total loan: $3,125

01_Slorong Group

, , Senegal / Retail

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A loan helped to buy "thioub" dyed fabrics to resell.

01_Slorong Group's story

This "banc villageois" was established in this area in September 2008 and brings together these twelve women who live in the same village. They are parents, friends, and maintain good relationships. They have repaid loans on time for more than 10 years. Their main business is retail.

Madame Safiétou has a small business selling "thioub" dyed fabrics; she buys them from a middleman of one of her friends who travels often to a bordering country and resells them in her neighborhood. She capitalizes on several years of experience in this sector of retail.

With her loan, she plans to buy pieces of fabric that she will resell with a good profit margin. She has a loyal clientele and gets by very well.

Her profits will allow her to increase her savings at the "banc villageois" and to develop her business.