Elise

Loan description:

Elise Sodomey is married to a farmer. She has 6 children who attend school and are their dependants. Elise is a seller, in the last 30 years she has sold a variety of products including cosmetics, food products such as rice, maize, groundnuts, cassava flour and tinned milk and tomatoes, sugar, pasta, biscuits, oil, insecticide, matches and soap among others. In addition to these products, she also sells sales of plastic items for the household and condiments for sauces: fresh tomato, pepper, onion, various spices, chicken stock and smoked fish. Elise has a shop at the front of her house and she runs it with the help of her older children. Her shop is very popular in her neighbourhood because Elise is very friendly and listens to her customers. She has at present a very large customer base and she is continuously diversifying to meet their needs. Elise has been a member of the microcredit institution ACFB for several years and this new loan is intended to source 2 large baskets of tomato, 4 large onion bags, 1 basket of green peppers for a total value of 200.000FCFA; other products such as pasta, sardines, canned tomatoes, sugar, oil, for a value of 300.000FCFA; food crops such as maize, rice, millet, cassava flour, beans, peanut for a value of 400.000FCFA; and 108 plastic items worth 200.000FCFA to replenish her stock. The profit generated in her shop is to increase her capital in the first place and also to ensure her children's education.