A loan of $3,675 helped a member to buy four bags of groundnuts worth 11,000 CFA francs per bag, taking into account that processing fees amount to 1250 CFA francs per bag.

Dienabou's Group's story

Created on June 29, 2008, on the day of the inauguration of the Banc Villageois, this group is made up of women who are very familiar with the type of program offered by Bancs Villageois. All the members of this group come from the same village and share strong ties of solidarity and mutual support. Their main activity is small retail business.

Dienabou, (sitting at the far right in the photo, and raising her hand), is the group's featured borrower. She is 47 years old, married, and the mother of three children, including one girl. She buys hulled groundnuts from village women and processes these groundnuts into a paste which she resells at weekly markets.

With her loan, Dienabou is planning to buy four bags (of groundnuts) at a price of 11,000 CFA francs per bag. Processing fees amount to 1,250 CFA francs per bag.

On average, she is able to make a net profit of 9,000 CFA francs every ten days, which allows her to contribute to the household's expenses.

In this group: Dienabou, Gnima, Ousmane, Mariama, Fatoumata Yaya, Awa, Mariama, Fatoumata B, Coumba, Kadiatou Amadou, Aissatou, Fatou, Habibatou, Raby, Kadiatou Bala, Salimatou, Malado, Adama Hawa, Maria, Penda, Bouya, Kadiatou, Mariama, Soumaye, Dienabou, Diary, Dioulde, Aissatou, Salimatou Kara, Aissatou Lam, Idiatou

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Translated from French by Kiva volunteer Sophie Narayan

Loan details

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Loan details