A loan of $3,075 helped a member to stock up from weekly markets in the area to resell at her stall: rice, onions, spices.


Fatoumata's Group's story

This group is composed of 25 women who are very active in this 'banc villageois', which was created on July 22, 2009. The women are all from the same district and get along well with one another. Their main work involves small-scale commerce.

Ms. Fatoumata (seated at the far right in the photo with her hand raised) is the featured borrower of the group. She is 52 years old, married, and a mother of four children (a boy and three girls). She purchases food items, such as such as onions, rice, and spices, and sells them at her stall in the village. This is a business she has been in for five years.

With this loan, she intends to stock up on goods from the weekly markets in the area in order to sell them retail at her stall: - 2 sacks of rice at 13,000 francs each - 1 sack of onions at 10,000 francs - spices at 15,000 francs

After deducting the transportation costs from her sales, she ends up with a net profit of 7,000 francs CFA for every three days of work.

The profits from her business will enable her to save money and to cover some of the day-to-day expenses and her children's schooling costs.

In this group: Fatoumata, Hatou, Ramatoulaye, Hina, Kadidiatou, Manthita, Bouoba , Salimatou*, Penda, Diabou, Diabou, Mariama, Aissatou, Barry*, Dienabou, Hawa, Aissatou, Maimouna, Hadja Mambo , Bodo, Ansatou, Bintou, Djiba, Sounkar, Hawa
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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