Total loan: $4,775

Saye's Group

, , Senegal / Agriculture

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A loan helped to buy a sheep and some rakal to feed it, and to pay for its vaccination; any remainder will be used to buy groundnut seeds.

Saye's Group's story

This group was created on December 24, 2010, at the launch of the Banc Villageois to which it belongs. The group members share a good social bond, and their activities consist of animal farming and small trade. The group’s representative is Amy, seen in the photo standing at the far right and raising her hand. Amy, age 60, is the married mother of four daughters, three of them also married. With this loan, Amy will buy one sheep for 30,000 frs that she will fatten with cattle feed, and she will spend 15,000 frs on vaccination. Any remainder will be invested in her other activity, namely the sale of groundnut powder. She will sell the sheep after 6 months for 70,000 frs. She sells her groundnut powder for 700 frs per kg on a monthly basis. Part of the profits earned through these activities help her to improve her family’s living conditions with better food quality, while the remainder is used to bolster her savings and pay her interests. The lady seen inset was not available when the group photo was taken.