Total loan: $5,425

01_Dental Mbmb Group

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, , Senegal / Food

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

A loan helped to buy food for her restaurant.

01_Dental Mbmb Group's story

This group, comprised of fourteen resolute women, was formed in January, 2016. They live in the same neighborhood and maintain good relations based on trust and mutual support. They are involved in a number of money-making activities.

Madame Sophie, age 38, is the representative of the group. She is dressed in green and is seated between two women on the left in the photo. She is married and is the mother of four children, including one boy. They all attend to school except for the youngest, who is two years old.

Sophie is a restaurateur, a business she has been involved in since she was a teenager. She sells breakfast and dinner out of her home. She buys her products in the local market and capitalizes on more than 15 years of success and experience in the business.

She plans to buy 3 sacks of onions, 1 carton of noodles, 1 sack of peas, 1 tray of eggs, and other ingredients necessary for food preparation. Her business is going well because the dishes she prepares are delicious and her competition is not very stiff.

Her profits enable her to contribute to a tontine [a group savings fund], to set aside some money for savings, and to take care of her children's expenses, especially their back-to-school expenses (clothing, supplies, etc.).