A loan of $3,425 helped a member to get fresh supplies of dried and smoked fish in Petite-Côte.


Mamadoudiawara Group's story

This group is made up of 28 women who are very active in the Banc Villageois, which was set up in May 2010. They all come from the same district and get on well together. Their principal activities are small trading businesses.

Aïssatou (sitting on the far right with her left hand raised) is the top borrower of the group. She is 56 years old, a widow and mother to nine children (four boys and five girls). She has a spot in the market where she sells smoked and dried fish, and she has two years' experience in this field.

With this loan, she is planning to get fresh supplies of dried and smoked fish in Petite-Côte. She is going to buy two baskets of smoked fish for 40,000FCFA and resell it on a retail basis for 70,000FCFA. She is also going to buy a basket of smoked fish for 10,000FCFA and resell it on a retail basis for 17,500FCFA. She pays 5,000FCFA for the transport and handling costs. Each fortnight after expenses related to her business and daily expenses have been deducted, she ends up with a net average profit of 25,000FCFA for the 15 day period.

The profits she makes from her business enable her to save with a view to buying a house for her children.

In this group: Aissatou, Fatou, Fatoumata, Aissatou, Maimouna, Ansatou, Gnima, Coumba, Haoulata, Ramatoulaye, Saibatou, Houleymatou, Salimatou Sekou, Fanta, Woude, Fatou, Fatoumata, Sona, Alimatou, Banna, Aminata, Meta, Salimata, Mariama Cisse, Penda Diouma, Nene Galle, Banna, Hawa

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Translated from French by Kiva volunteer Alison Le Bras



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