Total loan: $3,150

Clémence's Group

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, , Senegal / Food

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

A loan helped to buy 5 20-liter cans of cooking oil and 5 bags of sugar.

Clémence's Group's story

This group was established on April 17, 2010. It is made up of women from the same village or the ones surrounding it. They get along well and their main business is retail. Clémence, age 47, is the featured borrower of the group. She's the woman standing on the right and raising her hand in the photograph. She's married and the mother of seven children, three of them girls. Once she gets her loan, she will buy five cans of cooking oil costing XOF 17'000 each and five bags of sugar (XOF 25'000 each), to retail at her shop in the village. Her retail prices are XOF 1'000 for one liter of cooking oil, and XOF 700 for one kg of sugar. With her profits, she supports her children's school expenses and buy school supplies. She also strengthen her savings.