Dieynaba Sall
Dieynaba is Forty-five years old and the mother of three children. Several months ago Dieynaba Sall started producing and selling buttermilk, a very popular traditional food treat in West Africa. Each day, Dieynaba turns 2.2 pounds (1 kg) of powdered milk into buttermilk but as buttermilk is so highly prized in Agnam-Goly she is never able to satisfy the client demand. Dieynaba's clientele has the potential to grow very rapidly and she would like to scale up her business by increasing her daily production of buttermilk. However, she lacks the capital funds she needs to increase her inventory of the main ingredient, powdered milk. Dieynaba has been given a loan of $132 for the purchase of a powdered milk inventory large enough to jump-start her business expansion. There is little doubt in Dieynaba's mind that the resultant increase in buttermilk production will be quickly be acknowledged with an equally quick increase in sales revenues. For a small loan of $132 Dieynaba could increase the supply of a popular food treat in her community as well as assist her family reach a more stable income.
Updates about Dieynaba:
Dieynaba received a $132 loan to buy milk powder or cow’s milk to turn it into buttermilk. She is currently facing difficulties with inflation on imported products, which hit the country especially hard. Despite her difficulties with inflation, she was able to pay back the loan on time.
Loan renewed: October 1st, 2009
First repayement: December 1st, 2009
Second repayement: March 1st, 2010