A loan of $5,725 helped a member to purchase dozens of pairs of children's shoes and boxes of perfumes and deodorants, which will be resold in the village.

Racky's Group's story

This group was created on 16th May 2011 following the inauguration of their banc villageois. The group is currently made up of women who not only live in the same village but who also gain experience in their respective businesses, allowing them to better understand the lending scheme. This group has a distinct advantage, in that their village is home to the large Louma weekly market. Solidarity and inter-member support are characteristic of the members of this group, who practise small-scale retail.

Racky (the woman on the right with her hand raised) is the group's star lender. She is 29 years old and a married mother to two children, one boy and one girl. Despite her young age, she is one of the most dynamic members of the group. She sells clothing items (bags, shoes) and cosmetic products (toiletries, perfumes and deodorants). She buys her supplies from the capital and sells them in exchange for credit (to be paid in two instalments) to the women of the village. She also accepts cash when she's working at the weekly markets.

With this new loan, she is planning on buying dozens of pairs of children's shoes and boxes of perfumes and deodorants which will be resold in the village
With the profits, around 15,000 FCFA for every dozen pairs of shoes sold, she is thinking of adding to her savings and improving her family's living conditions.

In this group: Racky, Mariama, Nene Diamanou, Kadiatou, Nene Galle, Mariama Dioulde, Ramatoulaye*
*not pictured

Translated from French by Kiva volunteer Christopher Smith

Loan details

Lenders and lending teams

Loan details