Total loan: $3,475

01_Madibo 10Ème Group

Flag of Senegal
, , Senegal / Retail

01_Madibo 10Ème Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy a variety of merchandise to resell.

01_Madibo 10Ème Group's story

The "banc villageois" to which this group belongs was created in May 2009. It is made up of five women who are from the same area and who maintain good relationships. Their main activity is commerce. They have reimbursed several loans on time.
Madame Kordia, 41 years old, is the representative at the left of the photo wearing a green dress. She is a brave woman who is serious about her business. She is married and mother to five children, all of whom attend school.
Kordia sells shoes and miscellaneous merchandise, with over ten years of good experience in this area.
She will buy 100 pairs of shoes, nearly 35 dresses, and miscellaneous other articles which she will resell with a margin of profit; her business works well as she offers purchasing on credit and has a faithful client base.
Her profits allowed her to increase her savings, to pay her child's transportation costs to school, to help her husband with the household expenses and also to support her deceased sister's children.