100%

funded

Total loan: $4,550

01_Soune Sereres Group

, , Senegal / Retail

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A loan helped to buy fabric, sheets and bed covers to resell.


01_Soune Sereres Group's story

This group is part of a banc villageois that has been in existence since May 2009. It includes eight women who live in the same village. They have successfully repaid more than 10 loans. Seynabou (at right in the photo with her hand raised), is the group's representative. She is 45 years old, married and the mothers of six children, including four boys. They are all in school.

Seynabou runs a small, growing fabric business from her home. She buys her inventory of fabric, sheets and bed covers in the towns. She is capitalizing on 18 years of experience in this sector. She plans to use this loan to buy a large quantity of sheets, wax cloth and bed covers to meet her customers' demands. She keeps her customers coming back because she offers affordable prices and sells for cash and on credit.

She will use her profits to increase her savings and take care of her children.