A loan of $2,025 helped a member to buy ground nuts and millet to resell.

Mareme's Group's story

The group was created on May 23, 2002. It is made up of women with solidarity amongst themselves and all working in the same area, which is small business.
Standing up at the right of the photo and raising her hand, the featured borrower Ngabou is 44 years old. She is married and the mother of six girls and one boy.
With the loan, she counts on buying 200 kgs of millet at 175XOF/kg, and 300g of ground nuts at 225XOF/kg.
She is going to resell in the weekly markets at a rate of 185XOF/kg for millet and 235kg for groundnuts.
With the profits, she will pay her interest, reinforce her savings, and provide for her children's school fees.

In this group: Mareme, Mada, Mbene, Nogaye, Ngabou, Mbene, Selle, Khady, Faty, Penda

Translated from French by Kiva volunteer

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