A loan of $1,100 helped a member strengthen their activities.

Afde Group No. 11's story

The Association of Women for Business Development ( l'Association des Femmes pour le Developpement de l'Entreprise - AFDE) is an organisation of small-scale women traders who work in Thiès, a town which lies 70 kilometers from Dakar. The association was founded in 1993 by twenty female entrepreneurs in order to increase their purchasing power by means of a tontine (a revolving finance system whereby each member contributes periodically an agreed amount and these funds are passed on in rotation to different members). Since this policy does not allow for the financing of all members on the same day, they decided to join l'U-IMCEC (an association of mutual savings and loans institutions) in order to obtain a loan without being asked for guarantees. The members have thus formed sub-groups of five women, with a designated president and a treasurer for each sub-group. These sub-groups, of which there are currently 52, may remain the same for many years, but often change members in line with their needs and other considerations. The AFDE organises monthly members' meetings to which all the sub-groups are invited, and it manages a cooperative for its members, which allows them to buy rice and other products at a better price. The AFDE is run by a president whose name is Mrs. Mame Diarra MAR and a treasurer, Mrs.Ndeye Ndella Diouf, both residents of Thiès.

Mrs. Aïssata N., married and mother of four children, is the president of AFDE sub-group N° 11. She has been running a business for the past seven years through the influence of a friend. Mrs. N. is 44 years old. She hopes that her activity will supplement the quite insufficient family income and improve living conditions for her children and her five-year-old grandchild she has under her care since she was born.

She sells food products such as fruit, jujube, …
Her sub-group also includes:
• Mrs. CoumB. Laobé Bâ, who sells thiouraye (incense)
• Mrs. CoumB. Kanté, who sells charcoal, peanut butter, palm oil
• Mrs. Awa S., who sells beauty products, and
• Mrs. Fatou D., who sells breakfasts.

They are requesting a loan of 500,000 FCFA for their businesses, which will amount to 100,000 FCFA per person.

In this group: Aissata, Coumba Laobé, Coumba, Awa, Fatou

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Translated from French by Kiva volunteer René McConnell

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