Total loan: $3,025

01_Diakhao Thialy Group

, , Senegal / Retail

01_Diakhao Thialy Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy fabrics and perfumes for resale.

01_Diakhao Thialy Group's story

This group of five women comes from the banc villageois that has existed since the month of December 2010. They live in the same neighbourhood, are relatives and friends, and have very good relationships. They are very dynamic and their main business activity is trade. They have always repaid their loans without difficulty.

Fatou, 46 years old, is the representative of the group, standing at the right in the photo with her hand raised. She is married and mother of five children, including one girl. Three of her children attend school and two work.

Fatou has a small business of fabrics and various cosmetic products. She gets her supplies at the local market and resells at home. She has more than five years of experience in this business.

With this loan, she will purchase 10 dyed boubous [loose-fitting garments], five 12-yard pieces of wax prints, and 50 bottles of perfume that she will resell on credit in the form of a savings group. Her business is going well because she has other customers outside of her area.

Her profits will allow her to strengthen her savings, to contribute to savings groups, to pay for her children's schooling, and to participate in family expenses.