A loan of $625 helped to buy exclusively bags of peanut costing 5,000 CFA francs per bag.


Woude's story

This woman was able to acquire a very valuable experience in the small trade business, which is her main activity. She is active in trading. A spirit of mutual help and mutual support within the group animates her.

She is a woman who has been able to expand her business over several [loan] cycles and thus gain access the second product of the program. She is married and the mother of four children with three girls and one boy. Her business is the sale peanut paste, palm oil, sugar and green tea. To do so she has to buy unshelled groundnuts for processing into peanut paste.

She will use this new loan exclusively for the purchase of peanut bags, at the cost of 5,000 CFA francs per bag.

With profits of 13,000 CFA francs a week, she will be supporting her husband in managing the household expenses and the children's school fees.

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Translated from French by Kiva volunteer Veronique Fourment



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