Micro-credit
MICRO-CREDIT FOR WOMAN IN BANDIAGARA “A.B.E.F.E.”
Association pour le Bien Etre des Femmes et des Enfants
Abbreviation: A.B.E.F.E.
Number of people: 10 woman
Responsible person: Joséphine KANOUTE
Address: Bandiagara 7° quartier
Founding on: 23/5/2007
Purpose: promote small business, e.g. selling clothes and food.
Support requested on the 22/06/2010
Current documentation:
- Recepisse de déclaration d’association : 6/2/2008 n. 004/CB
- Internal policies date 23/5/08
- Statute date 5/2/08
- Request signed by the President of the Association
First visit to the association: 5th July 2010.
Presents people representing AsF: Oumar Kassogué and Claudia Berlendis.
Amount requested: 2.000.000 cfa (3.077€)
Dettagli richiesta:
Ten woman come to us with the intention to improve the living conditions of their family. They want to be able to work but they don't know any other profession. They would like to trade clothes, sweets, species and cereals.
The idea of trade cereals is well know as "the bank of cereal". They would go on the market and buy cereals when the price is low to sell it later when there are less cereals available and the price inceases.
Usually, the members of the association have the right to buy the cereals at cost, saving a lot of money.
Terms and condition:
The amount has to be refunded in 4 years, with 21 payments. The first payment occurs after 4 months from the starting date, and then every two months.