Total loan: $5,525

01_Cite Malick Group

Flag of Senegal
, , Senegal / Retail

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

A loan helped to buy wood charcoal to resell.

01_Cite Malick Group's story

This group made up of seven women is part of the "banc villageois" which was established in August 2012. They are from the same area, neighbors and friends, and they share solid values based on mutual understanding and aid. Their main activity is commerce. They have successfully reimbursed over ten loans.
Madame Aminata the representative is 62 years old, standing at the far right with hand upraised. She is married and mother to three children, two boys and one girl. One is a driver, and the other two are still students.
She buys and sells wood charcoal, she buys her stock in the South of the country and resells at the market where she has a storage space. She capitalizes on a good 30 years of experience in this area.
With her loan she will buy 100 sacks of charcoal, pay the transportation and various taxes. She does well, as she has a faithful client base and good experience, which is her strength.
Her profits allow her to increase her savings with the "banc villageois", to take charge of her children, and to cover her medical fees in case of illness.