A loan of $5,200 helped a member to strengthen her business by buying in bulk vegetables and other items used to prepare ready-to-eat breakfasts, in order to maximize her profit margin.


Tp Takku Ligueye Group's story

This group comprises 37 women who are very active in the local village loan fund, created in September 2007. They all come from the same area and have good relationships with each other. Their main activity is running small businesses.

Ms. Fall Yaye (squatting on the left in the first row and in the inset on the right), is the featured borrower. She is a 53-year-old married mother of four children (one son and three daughters).

She has a place in the market where she sells breakfast and vegetables during the day, and she has 12 years of experience in this business.

With this loan, she intends to strengthen her business by buying bulk quantities of vegetables and other products used to prepare ready-to-eat breakfasts in order to maximize her profit margin. The breakdown is as follows: - After spending 15,000 FCFA per day to prepare various breakfast dishes, she leaves with a daily net profit of 4,000 FCFA. - Each bag of manioc costs 17,000 FCFA and is resold at retail for 21,000 FCFA - Each bag of aubergine costs 7,000 FCFA and is resold for 11,000 FCFA

At the end of each day, after subtracting business-related expenses, she finds herself with an average net profit of 7,000 FCFA per day.

The profits from her business will allow her to save money and support her husband at home.

In this group: Dibor, Awa, Sadio, Fatime, Hothia, Licka, Fall Yaye Boye Aminata, Fatou Alphousseyni, Maimouna, Elisabeth, Fatoumata, Awa, Oumou, Binta, Dienabou Abdourahmane, Rokiatou, Mame A , Sadio, Mame Fatou, Kadiatou, Fatou, Dienaba Rose, Fatoumata Kine, Aminata, Adja Matel, Rouguiatou, Marie Therese, Dalanda, Fatou Ibrahima, Aissatou, Toutane, Fatou, Fatoumata, Seynabou
*not pictured

Translated from French by Kiva volunteer



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