Total loan: $2,400

01_Grandt Fatou Group

Flag of Senegal
, , Senegal / Retail

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

A loan helped to buy fabric and diverse products to resell.

01_Grandt Fatou Group's story

This group of three women is part of the "Banc Villageois" which was created in June 2007. They live in the same neighbourhood, they are parents, neighbours and share the same values of friendship and solidarity. They have repaid a number of loans on time and their main activity is trade.
Fatou is 53 and the representative of the group standing to the right of the photo with her hand raised. She is married and mother of five children: three girls and two boys and four of them are in school. Fatou has a business selling fabric and various products (soap powder, bleach...) which she buys at the central market and resells in her neighbourhood. She has more than 15 years experience in this sector.
With her loan she will buy pieces of wax, soap powder, bleach and other diverse products which she will sell with a profit margin. She manages to turnover her stock despite the competition.
Her profits will enable her to boost her business, put savings into the "Banc Villageois" and to help her husband with the household expenses.