A loan of $3,725 helped a member to strengthen her financial capcity by buying 3 drums of 20 liters at a cost of 13,500 f CFA per drum.

Awa Ndaw's Group's story

This "banc villageois," newly inaugurated on September 11, 2013, is made up of women with the ardent goal of integrating the different "bancs villageois" program. The women have all lived in the same village for several years and maintain relations based on solidarity and mutual aid. They have, as their main business, the sale and growth of peanuts during the rainy season. Ms. Awa (standing to the far right with her hand raised) is the star borrower of the group. She is married, 33 years old, and the mother of 5 children, of which 3 are girls and 2 boys. She works exclusively in the sale of palm oil, the majority of which she buys in the sub-region for resale in bulk and at retail in the capital, the village and the weekly markets. With this new loan, she will be able to strengthen her financial capital by buying 3 drums of 20 liters at a cost of 15,500 f CFA per drum. She expects to divert the profit into investments via beneficial savings which will allow her to strengthen her savings in order to obtain more important loans during the next cycle.

In this group: Awa Ndaw, Khady, Khady, Founne, Inthia, Khadi, Coumba, Yacine, Inthia Khady, Oully, Fatou, Rocky, Fatou, Adja, Inthia Mbathio, Inthia Gaye, Inthia Yandoo, Fatim, Yacine, Seunde, Khadja, Aida, Nafy, Inthia Oumy, Mariama, Awa, Mame Bode, Awa, Mame Diarra, Hawa, Satou, Satou, Aminata, Awa Diop, Dieye, Djeh

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Translated from French by Kiva volunteer Martha Schmitz

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