A loan of $5,125 helped a member to buy peanuts, soap and washing products (such as soap powder) for resale.


Astou's Group's story

This group was formed on 21 December 2012 at the inauguration of the 'banc villageois' Maka Sereres. It is made up of women who all live in the same village, or in nearby villages. Most of the women are small traders.

Khardiata (standing on the right of the photo, with her hand raised) is forty-seven years old. She is married and has seven children, of whom three are girls.

She will use her loan to buy two barrels of peanuts (each weighing 100kgs) for 400 francs CFA a kilo, she will resell them for 600-650 francs CFA a kilo. She will also buy a box of twenty-four soaps for 4,000 francs CFA, which she will resell at 250 francs CFA a piece. In addition, she will buy a sack of washing powder for 8,000 francs CFA, this she will sell in small packets for 100 francs CFA each, making a profit of 1,500 francs CFA.

With all her profits, Khardiata will pay for the schooling of her children, help her husband provide for the needs of their household, and increase her savings.

In this group: Astou, Diouma , Saye , Fatou, Khardita , Diouma*, Adama , Ndack, Awa, Amy, Khady, Ada , Ndèye Sarr, Mane , Sala, Diouma , Saye , Diarra, Diariètou , Fatou , Diouma , Astou, Adama, Saye, Awa
*not pictured

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Translated from French by Kiva volunteer Sarah Ryder



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