A loan of $5,025 helped a member to buy peanuts.

Ngone's Group's story

This group has 36 members and is part of a banc villageois that was created on October 22, 2013. It is made up of members who live in the same locality and surrounding area. They all get along well together and support each other. Their principal activity is commerce.

Maty, standing on the right of the photo with her hand raised, is 51 years old. She is married and the mother of six children, of whom three are boys. Her main activity is commerce. She buys 30 kilos of peanuts for 105,000 XOF, which she will use to make oil. With these 30 kilos, she can make six twenty-liter drums of oil that she will sell for 16,000 XOF each. She will also sell the oil cake that remains after extracting the oil for 150 XOF for each pellet. She expects the oil cake to make 100 pellets, which makes a total of 15,000 XOF. But it all depends on the quality of the peanuts available at the market.

The profits will allow her to increase her savings, but also to provide for the needs of her children as they arise.

In this group: Ngone, Fanny, Awa, Ngone, Ndeye Maty, Ndeye, Khady, Maty, Dior, Mame Asta, Soda, Fatou, Ngone, Sagar, Seynabou, Ndeye, Khady, Fatou, Magatte, Yacine*, Adama, Thiokaly, Khoudia, Ndoumbe, Kene, Astou, Sokhna, Dialle, Fatou, Penda, Magatte, Ndeye, Arame, Diama, Mame Bousso, Soda
*not pictured

Translated from French by Kiva volunteer Graham Robinson

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