A loan of $3,825 helped a member to buy at least 25 bags of groundnuts to be stored and resold.

Nene Galle's Group's story

This group, part of the Banc Villageois, was formed on the day of the inauguration of the Banc Villageois (July 12, 2008). It is made up of women who share the same values of solidarity and mutual assistance, and whose common goal is to develop their group, using microfinance. Their main activity is small retail business and the processing of agricultural products.

Néné Gallé (seated at the far right in the photo, and raising her hand) is the group's featured borrower. She is married, 38 years old, and the mother of four children (two boys and two girls). She gathers buckets of groundnuts from the local villagers, and resells groundnuts in 50-kilo bags, making a profit margin of 25,000 CFA francs every week.

With her new loan, she is planning to fill at least 25 bags of groundnuts (each bag weighing 50 kilos) to be stored and resold.

She will use her profits to increase her savings, and to help her husband pay for their children's school fees.

In this group: Nene Galle, Aissatou Bailo, Kadiatou, Maimouna, Hawlatou, Houleymatou, Aminata, Hawa, Hawa, Maoudo, Mariama, Niama, Aissatou, Coumba Tening, Mata, Kadidiatou, Diary, Kadidiatou, Diouhe, Aissatou, Adama, Awa

Translated from French by Kiva volunteer

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