Total loan: $2,200
Binta Alassane's Group
, , Senegal / Food
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A loan helped to buy twenty liters of palm oil for 16,500 XOF, eight jugs of peanut oil for 17,500 XOF, and five buckets of ground nut butter at 8,000 XOF each; and to pay a 11,000-XOF for transportation.
Binta Alassane's Group's story
This group was set up on December 12, 2009. It is composed of women determined to change their living conditions. To this end, they just started their eleventh loan cycle in the program. They live in solidarity and help one another out. Their main business is retail. Mrs. Binta (standing all the way to the right) is the group’s highlighted borrower. Her business is the retail of palm oil, ground nut, and ground nut butter. She gets her supplies from Diaobé and retails in Kolda. With this new loan, she plans to purchase twenty liters of palm oil for 16,500 XOF, eight jugs of peanut oil for 17,500 XOF, and five buckets of ground nut butter at 8,000 XOF each, all for retail. She also pays 11,000-XOF for transportation. Profits will allow her to increase her savings, improve her children’s living conditions, and build a house for her family.