A loan of $3,300 helped a member to buy batch of shoes to the value of 150,000FCFA as well as fabric to the value of 10,00FCFA.


Apresse Doumassou Group's story

This group was set up in June 2009 on the day of the inauguration of the Banc Villageois. It is made up of five women who all come from the same district. They are all on their sixth cycle of the Banc Villageois program. There is a good relationship between the various group members and their main activity is trading.

Ramatoulaye (who is sitting with her right hand raised) is the star borrower. She is 37 years old, married and mother to four children: two girls and two boys, the eldest of whom is eight years old. She sells locally manufactured shoes and dyed fabrics, and she has been carrying out this activity for more than five years.

She is buying a batch of shoes to the value of 150,000FCFA and fabrics to the value of 100,000FCFA. She sells the shoes for cash but the fabrics are sold on credit, repayable in two instalments.

The profits she makes allow her to increase her savings so that she can obtain a more interesting loan and also contribute actively to her children's schooling costs.

In this group: Raby, Marafin, Ramatoulaye, Mahawa, Marie Conce
*not pictured

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Translated from French by Kiva volunteer Alison Le Bras



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