A loan of $3,875 helped a member to purchase peanuts and to pay for processing.

Astou's Group's story

Created on July 4, 2002 at the inauguration of the 'banc villageois', this group is composed of women with experience in the 'banc villageois' program. The women are all from the same village and share strong ties of solidarity and mutual assistance. Their main work involves small-scale commerce.

Ms. Astou (appearing in the cameo in the photo) is the featured borrower of the group. She is married, 56 years old, and a mother of two children: a boy and a girl. Her business involves purchasing sacks of peanuts to process into prepared peanut butter in buckets of 5 and 20 liters. This product is sold at the weekly markets.

With her new loan, she plans on purchasing 10 sacks of peanuts at 13,000 francs CFA each sack and to pay to process them for 15,000 francs. The planned profits would be at least 30,000 francs every two week.

With the profits, she plans on supporting her husband to cover the schooling costs for her two children.

In this group: Astou, Bintou, Sira, Safiatou, Binta, Antounette, Aissatou, Fatou Nene, Sira, Oumou, Aida, Fatoumata, Mariama, Coumba Balde, Dienaba, Dienaba, Binta, Fatoumata, Fatou, Kadidiatou, Aissatou Thierno, Yakha*, Voumba, Diabou, Oumou, Dioulde
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details