A loan of $2,825 helped a member to buy three 20-litre barrels at 16,000 FCFA which she will sell at 1,000 FCFA per liter and 250 FCFA per quarter-litre.


Mama's Group's story

Le Karantaba group was created on August 25, 2011, the day of the inception of the banc villageios. It is composed of 27 women who all come from the same village. They have strong bonds among them and help each other in their businesses. They are mainly involved in sales.
Mrs. Mame (seated to the extreme right) is the leading entrepreneur of the group. She is 44 years old, married, and the mother of five children (four girls and one boy). She buys palm oil in 20-liter barrels at the city's central market, and then sells it in her district in one-liter and quarter-liter bottles.
Her new loan will allow her to buy three 20-liter barrels of oil at 16,000 FCFA which she will sell at 1,000 per liter and 250 per quarter-liter.
With the profits that she makes she plans to increase her savings as well as help her husband with family expenses.

In this group: Mama, Bouramanding, Noumouding, Diarra, Aissatou*, Alima, Diassyo, Diarra, Mancoto, Sadio, Mbinkinding, Awa, Diarry, Diarra, Soukouta, Dieneba, Manding, Wonto, Ndeye Maty, Fatou, Solly, Kady, Yaye, Solly , Fatoumata , Binta, Sarta
*not pictured

Translated from French by Kiva volunteer Shannon Arnold



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Loan details