A loan of $3,275 helped a member to stock up on staple foods from wholesalers.

Soopousmanediallo Group's story

This group is composed of 28 women who are very active in their banc villageois created in December 2009. They are all from the same neighborhood and have a good rapport. They mainly work as vendors.

Mrs. Jacqueline (seated on the far right [raising] her left hand) is the star borrower of the group. She is 27 years old, married and the mother of two girls.
She cooks breakfast dishes for sale in her neighborhood. She has been in this line of business for over five years. With this loan she will stock up on staple foods from wholesalers at the central market, in order to avoid any stock shortages during the winter season.
For one month, she needs the following:
--half a bag of sugar at 12,000 West African francs
--a 20-liter [about 5 gallon] jug of vegetable oil at 14,500 francs
--a 5-kg [11 lbs] box of garlic at 2,7000 francs
--a bag of onions at 8,000 francs
--two kilograms [about five pounds] of coffee at 4,000 francs
--three trays of eggs at 6,300 francs
--half a kilo [about one pound] of beans at 500 francs
--spices and transportation costs at 4,000 francs

After each day of sales, she deducts 3,000 francs to repay the loan and 2,500 francs for her expenses and other charges, and is left with a net daily revenue of some 3,000 francs. The revenues from her business will allow her to grow her savings and to provide for part of the everyday family expenses and her children’s education.

In this group: Djilang*, Idiatou, Binta, Sira, Mariama, Dienabou, Mariama, Sira*, Adama, Bintou, Anne Marie Noelle, Fatoumata, Jacqueline, Fatou Bintou, Rocky*, Fanseyni, Fatoumata B Sadio, Fatoumata , Coumba, Maimouna Badiare*, Fatoumata, Kadidiatou, Salimata, Marie, Fatoumata Binta Amadou, Telly Bailo*, Coumba, Sounkarouo
*not pictured

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Translated from French by Kiva volunteer Katharina S

Loan details

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Loan details