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Total loan: $2,775

Tessito Group

Flag of Senegal
Kolda, Kolda, Senegal / Retail

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

A loan helped to buy peanuts, millet, corn, etc. for retail after processing.

Tessito Group's story

Mrs. Diacoumba is the leader of the Tessito Group, which in the Manding language means "tighten the belt". The group consists of 8 very active women. Mrs. Diacoumba is 54 years old, and is married with 4 children between the ages of 8 and 18. She has no education but all her children go to school. Her husband is a farmer.

She is a retailer but she is also involved in farming. She has been involved in the retail business for close to 30 years and has a good experience. She wants to expand her business and open up a large store in her village.

Mrs. Diacoumba buys her supplies (peanuts, millet, corn, etc.) in the weekly markets of her village at a good price. She then resells them in the same markets after processing the peanuts into a paste (peanut paste is often used in Senegal to prepare a dish called Mafe) and the millet or corn into a Senegalese couscous. The profits she earns from her business enable her to help her husband meet the family expenses for school, food, health, especially for the children. The obstacles she faces in her business include the inability to meet the very high demand for her goods as well as the lack of access to financial institutions.