A loan of $1,075 helped a member to purchase 10 bags of rice for 11,000 francs CFA, 5 bags of onions for 11,500 francs CFA, 3 bags of sugar for 25,000 francs CFA, and some packages of green tea.


Penda's Group's story

Created on May 7, 2009, this group is made up of women who are very active in agriculture in their village and who have been together in solidarity without problems. They got involved in small business in order to reduce the obstacles faced in obtaining everyday consumer products. Ms. Penda (seated to the right with her hand raised) is the star borrower of the group. She is 41 years old, married and the mother of 4 daughters. She is a very active and rigorous woman in the management of her revenue-generating businesses. She has several years of experience in the sale of food products such as: rice, sugar, and other items that she buys wholesale to resell in the village. With this new loan, she is going to buy 10 bags of rice for 11,000 francs CFA, 5 bags of onions for 11,500 francs CFA, 3 bags of sugar for 25,000 francs CFA, and some packages of green tea. The profits will permit her to strengthen her savings on one hand, and on the other to support her husband in taking care of the concerns of the children.

In this group: Penda, Haby

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Translated from French by Kiva volunteer Martha Schmitz



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