Total loan: $2,975

01_Cite Senghor Group

Flag of Senegal
, , Senegal / Retail

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

A loan helped to buy shoes to resell.

01_Cite Senghor Group's story

This banc villageois, set up in May 2009, brings together these 16 women who live in the same area. They have good relationships and have in common that they work in trade. They have repaid several loans successfully.

Fatou, 60 years old, is the representative at the right of the photo raising her hand. She is married and mother of four children who are all married. Fatou runs a small business selling local shoes; she gets her suppliers in a town and resells at home. She has a good experience of over 10 years.

She will buy 30 pairs of shoes and pay for transportation; she will resell with a profit margin and her customers appreciate the quality of the product. Her profits will be used to deposit savings and to contribute to family expenses.