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Total loan: $3,100
, , Senegal / Food
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Fatoumata's Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To obtain sacks of potatoes for resale.
Fatoumata's Group's story
The Sikilo Group was born with the creation of a banc villageois bearing the same name in 1998. It is made up of 27 women who live in the same neighborhood. Their primary activity is small business. Mrs. Fatoumata (seated at far right [in the photo]) is the group's featured borrower. She is 27 years old, married and the mother of four children, three boys and one girl. She participates in the sale of potatoes, for which she pays 3,500 CFA francs per sack, and 6,000 CFA francs per sack of manioc. She gets her supplies from the local surrounding villages, which she then sells for 6,000 CFA francs per sack of potatoes and 8,000 CFA francs per sack of manioc. She benefits from her experience in this business, which she has been involved in for years. With the profits that this business generates, Mrs. Fatoumata plans to increase her savings in the future to help her husband with various expenses and to provide for her children's school fees and care.