A loan of $3,000 helped a member to purchase palm oil to resell.


Christine's Group's story

Created on November 28, 2003, the 'banc villageois' is composed of very dedicated women developing revenue-generating businesses. The women all live in the same village and maintain values of solidarity, which they found out how to strengthen while developing their businesses. Their main work is in small-scale commerce along with rainy season farming.

Ms. Christine (sitting at the right with her hand raised) is the featured borrower in this group. She is 48 years old, married, and the mother of one boy. A very enthusiastic woman, has a business that involves collecting cashew nuts from villagers for resale to exporters. She is also a seller of palm oil, which she purchases in the sub-region and sells by the 1-liter bottle in the capital.

Her new loan will enable her to purchase a dozen 20-liter containers of palm oil at 16,000 francs CFA per containers and to resell the oil at 1,000 francs per liter.

With the profits, she plans on helping her husband with day-to-day tasks, and the rest is for bolstering her savings for future investments.

In this group: Christine, Maimouna, Angele, Sira, Safy, Ami, Sounkar, Mabintou, Banna, Dienaba, Djirina, Dienabou, Saly, Fanta, Germaine, Dianke, Mariama*
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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