A loan of $2,925 helped a member to buy sugar, tea and rice from wholesalers in Kolda and to retail these merchandises in her shop.

Sambacoulibaly Group's story

This group comprises 24 women who are very active within their banc villageois, created in December 2010. They all come from the same neighborhood and they get along well with each other. Their main activity is small retail.

The group's featured borrower is 27 years old. (She is sitting on the right hand-side in the photo, and raising her hand). She is married and the mother of three children, two boys and one girl.

She owns a shop and has been selling food products (rice, sugar, oil...) for six years.

With this loan, she is planning to purchase some sugar, tea and rice from wholesalers in Kolda, and then retail these merchandises in her shop.

She will buy:

- 2 bags of sugar, at a cost of 50,000 CFA francs, and will resell them at a price of 70,000 CFA francs,
- 10 large boxes of tea, at a cost of 8,000 CFA francs, and will resell them at a price of 10,000 CFA francs,
- 1 bag of rice at a cost of 15,000 CFA francs, and will resell it for 17,500 CFA francs.
She will pay 5,000 CFA francs for handling and transportation costs.

Once all merchandise is sold, and after deducting operating costs, she will end up with a net weekly profit of 17,500 CFA francs.

Profits from this activity will help her to put some money into saving, to contribute in part to the daily expenses and to pay for her children's school fees.

In this group: Alarbo, Mariama Samba, Oumou, Mariatou, Aminata Bouna, Ousmane, Maimouna, Coumba Ablaye, Ansatou Aliou, Ramatoulaye, Meta, Ansata, Ouleye, Nene Galle Baidy, Kadidiatou, Binta, Kekouta, Kadidiatou Sadio, Mariama, Fatoumata, Dienaba, Kadiatou, Fatoumata, Marie

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Translated from French by Kiva volunteer Sophie Narayan

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