100%

funded

Total loan: $5,450

Boolo Liguey Nimzate Group

Flag of Senegal
Kaolack, Kaolack Region, Senegal / Retail

Boolo Liguey Nimzate Group's loan finished fundraising,
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A loan helped to buy secondhand clothing to sell.


Boolo Liguey Nimzate Group's story

Madame FATOU is the woman in the photo with the merchandise. She is 47 and married and has three children aged 10-12, all of whom attend school. She is the president of the “BOOLO LIGUEY NIMZATE” group, in the Wolof language, which is national in Senegal, which in English means “TO BE TOGETHER TO WORK.” This loan is destined for a group of nine female members of the group to grow their businesses. With her part of the loan, Mrs. FATOU wants to grow her business by buying secondhand clothes. She stocks up in Dakar and Touba, and she sells her products in the city. She has been mastering this business, as she has been in this sector for more than 18 years. This loan will help her to reinforce her business and get more revenue. This will allow her to improve her family’s life, particularly that of her school-going children, by buying all the necessary school supplies and medicine when the children are sick. The difficulties she faces include safety and the rarity of merchandise in the winter months. With this rhythm, she foresees building her own shop at the market within 2 years, which will be her 6th loan cycle with the institution.