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A loan of $1,150 helped to buy lace and real wax cotton.

Mamie's story

This is 26-year-old Mamie. She is married to a driver and has three children ages 2, 5 and 9 years old. In 2001, Mamie established her textiles business. She began her business because she learned from her mother as she was helping her to trade in the market until she got married. Mamie’s husband helped her to open her own business so that she could help provide support for the family. Working 6 days a week and 11 hours a day, she earns about Le 1,200,000 every month from this business. She would like a loan for Le 5,000,000. Mamie requires a loan in order to buy one bale of lace @ Le 1,500,000 and one bale of real wax cotton @ Le 3,500,000. She hopes that this loan will enable her to increase her monthly profits by approximately Le 250,000. In the future, Mamie plans to open a shop. By acquiring loans, she will be able to buy more goods. She wants her children to have a good life and go through good schools so the loan will help to pay their school fees. The rains and high cost of transportation are her major business challenges. She serves the surrounding villages and the city centre. Mamie buys quality textiles and maintains good relationships with her customers. She travels twice monthly to Conakry or Freetown by road to buy her business stock. She thanks you for your support.

Loan details

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Loan details