A loan of $1,225 helped a member increasing the level of investment in the group.


Sabougnima Group's story

Sabougnima is a group made up of seven women, all of whom are married and around 40 years old. They all live in Nianfor, a village 90 KM from the capital region of Ziguinchor. They are mothers and have at least four children each.

Their primary business is market gardening, but they also sell palm oil, ice-cream, and natural fruit juices.

The Sabougnima group is one of eight groups who make up the Village Bank of Niafor. It was created in October of 2002, during the inauguration of the Village Bank project. Most of the members of the group have very good credit, having profited 17 times and never having difficulty in repayment.

The current loan has allowed them to stock-up on agricultural fertilizers and a sufficient quantity of palm oil and ingredients for making of ice-cream and fresh fruit juices.

As for the president of the group, Mrs. Fatoumata M., number 03KD3211081072, is 43 years old. She is married and the mother of four children. She mostly sells ice-cream and fruit juices, made from local ingredients. Her goal is to increase her business by purchasing another refrigerator to make more product in order to earn more profits and be able to improve her family's quality of life.

On top of reimbursing their loan regularly, the women earn a monthly savings of about 25% of their funds.

In this group: Mariama Mamadou, Mariama, Jozianne, Fanta , Fatoumata , Borry, Fatoumata
*not pictured

Translated from French by Kiva volunteer Carolyn McMahon



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