A loan of $3,575 helped a member to buy about 15 pigs..


Elisabeth Gnima's Group's story

This group consists of four women who come from the same village. They show great solidarity as a group, they get along very well with one another and they have a reputation of being very hardworking women. Their main activity is small retail business.

Elisabeth (standing on the left-hand side and raising her right hand) is the group's featured borrower. She is 29 years old. In spite of her young age, she is very experienced in her activity, which consists in buying and selling pigs. She is married and the mother of two children aged 3 and 5 years old. She buys young pigs from the villagers, fattens them for about 40 days, and then resells them alive or slaughters them during the Holidays and other religious celebrations.

With her new loan, she will buy about 15 pigs at an average price of 10,000 CFA francs per pig. She will fatten them for resale and make a 20,000 CFA franc profit margin per pig.

With the profits from her business, she will be able to take a very active part in the management of the household's expenses and she will also strengthen her savings.

In this group: Elisabeth Gnima, Kinta, Antoinnette, Awa
*not pictured

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Translated from French by Kiva volunteer Sophie Narayan



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