Total loan: $4,550

01_Wango Group

Flag of Senegal
, , Senegal / Retail

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

A loan helped to buy shoes, bags, and various products for resale.

01_Wango Group's story

Established in the month of November 1995, this "Banc Villageois" is made up mainly of these nine brave women who live in the same area. They share solid friendship and solidarity values. Their main business is commerce. They have a good understanding of credit, as they have reimbursed several loans on time.
Madame Mbouré, 49 years old, is the representative of the group, standing to the right of the photo with hand upraised. She is divorced and mother to a girl who is also a vendor.
Mbouré trades in shoes, bags, and fruit (melons); she buys her stock from wholesalers in the central market and resells in her area from her home. She has over 20 years of good experience in the business.
She will buy pairs of shoes, bags, and melons which she will resell with a good profit margin. She has no trouble selling her products as she maintains good relationships with her clientele.
The profits allow her to save with the "Banc Villageois", to increase her stock for sale, and also to take care of her personal expenses.