A loan of $1,175 helped a member to pay labour costs, and to purchase seeds and fertiliser.

Ankabenkelekan E Group's story

Ankabenkelekan E is a group of women from Fonfona who live in large traditional families with their husbands, children and other relatives. They are on average 45 years old, are married and have at least four children each. This group of women are growers of rice and peanuts. In order to increase the size of their working capital, the members decided to join the credit program at Soro Yiriwaso. They are on their eighth agricultural harvest loan.
Bintou Youba is a group member squatting on the left of the photo with a hoe. She intends to use her loan to purchase seed, to carry out the manual labour, and to buy fertiliser. She buys her products in Fonfona.
Following the harvests, she sells her cereals in retail quantities, for cash, both door to door and in the market - to a wide and varied customer base. Whilst the other members of the group reckon to generate an average profit of 90,000 CFA each during this loan cycle, Bintou intends to make 100,000 FCFA.
In addition to the loan repayments, the women use part of their income in order to meet their own and their families' personal costs.

In this group: Fanta Kalilou, Djeneba Bourama, Noumy Moctar, Bintou Youba, Yorobo, Sitan Tidiane, Fatoumata Dramane, Awa, Awa, Ramata Solo

Translated from French by Kiva volunteer Alistair Assheton

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