Total loan: $4,775

01_Randoulene Sud Group

Flag of Senegal
, , Senegal / Retail

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

A loan helped to pay for different fabrics to resell.

01_Randoulene Sud Group's story

This group, composed of six good and honest women, is part of the 'banc villageois' set up in the area in May 2009. The women live in the same village and keep up very good social and professional ties. They often take out loans and have already paid back over ten of them on time. Their main work is in commerce.

Ms. Madjiguène, at the right in the photo with a hand raised, is the group’s representative. She is 53, married, and the mother of one boy, who just finished his studies. Ms. Madjiguène runs a business selling fabrics. She purchases goods in bulk at the major merchants to resell in different neighborhoods in town, where she has a customer base. She has over eight years of experience in this domain.

With this loan, she is going to purchase lengths of wax cloth and rolls of damask that she plans to resell at a profit. She sells her goods without a problem. Her earnings enable her to bolster her savings and to develop her business.