Total loan: $4,025
, , Senegal / Food
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Coumba's Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped buy cans of palm oil at 750 CFA francs per liter, cartons of soap and invest the rest in seeds for groundnut cultivation.
Coumba's Group's story
The group was created December 5, 2000 at the inauguration of their "banc villageois" loan association. It comprises 26 very active women, who live in the same village and have been in the "banc villageois" program for over a decade. Their main activity is to run small businesses. Mrs. Coumba (seated on the far right with her hand raised) is the group's featured borrower. Very active in the "banc villageois", she is 48 years old, married and the mother of seven children including three girls and four boys. She is active in selling palm oil and homemade soap. She has been performing this activity for over 10 years and masters perfectly all of its aspects. With the new loan she wants to buy cans of palm oil at 750 CFA francs per liter, cartons of soap, and invest the rest in seeds for groundnut cultivation. The generated profits will enable her to increase her savings and support her husband in managing the children's tuition fees.