A loan of $3,600 helped a member to stock up with oil, garlic and other food products from local wholesalers so that she can later sell them retail in her neighborhood.


Mamadoudiawara Group's story

This group is made up of 28 women who are very active in their village bank which was created in May 2010. The women are all from the same neighborhood and have a good understanding between them. Their main activity is small business.

Fatou (sitting on the far right with her right hand raised) is the featured borrower for this group. She is 38 years old, married, and the mother of three children (two sons and one daughter).

Fatou buys and sells food products such as garlic, oil, etc. She has been in this business for two years. With this loan, she will stock up with oil, garlic and other food products from local wholesalers and then re-sell them in her neighborhood. She will buy the following:

One sack of sugar at 24,000 francs, which she will re-sell for 30,000 francs.
One 20 liter container of oil for 14,500 francs, which she will re-sell for 19,000 francs.
One 5kg box of garlic for 2,700 francs, which she will re-sell for 6,000 francs.
A sack of onions for 8,000 francs, which she will re-sell for 14,000 francs.

After selling her products and subtracting her transportation expenses, Fatou makes a net weekly profit of 15,000 francs. The profits she makes in her business will allow her to save and take care of some of her daily expenses and her children's school expenses.

In this group: Adama, Salimatou, Adama, Aissatou, Fatoumata, Oumou, Awa, Fatoumata, Kondedia, Dienabou, Maimouna, Oury Tening, Fatoumata Bintou, Yacine, Ansatou, Maya, Awa Sana, Fatoumata Binta, Housseynatou, Kadidiatou Moutarou, Assanaw, Aissatou , Asmaou, Fatoumata, Fatou, Fouleymatou, Mariama, Anadio

Translated from French by Kiva volunteer Linda Oxnard



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