Total loan: $3,825

Sare Yoba Group

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, , Senegal / Food

Sare Yoba Group's loan finished fundraising,
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A loan helped to buy monkey bread (the fruit of the baobab tree), dried hibiscus flowers, and a bag of sugar for making different drinks for resale.

Sare Yoba Group's story

This "banc villageois" was created on May 16, 2011, the day of its inauguration. The group is composed of women who are very active in revenue-generating businesses and who all live in the same town. Most of them have small business, and they process foods. Ms. Ansata (seated at the far right in the photo with her right hand raised) is the featured borrower. She is 56 years old, married, and a mother of three boys and three girls. She sells natural beverages starting with local goods: "monkey bread" (the fruit of the baobab tree), hibiscus flowers,… which she purchases at her town's weekly market. For 1 kg of monkey bread at 200 francs CFA, 2 kg of hibiscus at 300 francs, 1 kg of sugar at 550 francs, and the other ingredients at about 350 francs, she can bring in a net profit of 900 francs by selling these products. She uses her profits as savings and for supporting her children's businesses and for the school expenses of her last two children.