A loan of $1,000 helped a member to buy and resell juice, ice cream, and fruits.

Afde N° 13 Group's story

The group "Association Femme Développement Entreprise Numéro 13" is composed of five women, age 25 to 64. They live in large extended traditional families in Thiès, a city located 70 kilometers from Dakar, the capital of Senegal. They got acquainted through bonds of neighborhood and kinship. They run very similar businesses, selling food products such as juice, ice cream, and fruits. The group is well experienced and very much sought-after in their businesses. In the course of improving the quality of their service and expanding their businesses, the group members decided to join Kiva's partner, the microfinance organization IMCEC. They already benefited from one group loan from IMCEC, and they repaid it without problems. They intend to use this loan to rebuild their food products stock, in order to better serve their customers. The products are retailed, for cash, at the grand market in Thiès. During this loan cycle, they hope to turn an average profit of XOF 40'000 (ca US$ 80), to be used to repay the loan and to provide for their families. The remainder will be invested in their businesses.

In this group: Aissatou Fatim, Rockhayatou, Aissatou, Aminata, Khady

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Translated from French by Kiva volunteer Patrick Stadelmann

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