Rolling Local Enterprise Loan Program
Many of the people in Senegal are hardworking, resourceful, and eager to improve conditions for themselves, their families, and their communities. However, overwhelming economic and environmental hardships severely limit the opportunities for growth and advancement available to even the most industrious community members. Local bank loans are available, but come with high interest rates and challenging repayment terms.
Yermande's Rolling Local Enterprise Loan Program gives local entrepreneurs access to the capital they need to start or expand a small business project. Supporting the local economy through this kind of investment not only allows the business owner to improve conditions for their family, but also benefits the local village by increasing access to needed goods and services.
Small interest-free loans with generous repayment terms are awarded to approved projects. When the loan is repaid, the money returns to the fund ready to be reinvested in another project. As little as US$100 can help a citizen of Senegal start or grow an enterprise that will provide ongoing benefits for their family and local community.
See a LIST OF CURRENT PROJECTS and consider funding one today.
Current Projects needing funding
Vegetable Stand - FUNDED
Vegetable Stand - FUNDED
Vegetable Stand - FUNDED
THIS PROJECT HAS BEEN FUNDED
Awa Badji runs a local vegetable stand and needs capital to purchase wholesale goods.
Dried Fish
Vegetable Stand - FUNDED
Vegetable Stand - FUNDED
Sohouna Diedhiou purchases fish in bulk during the off season and dries them.
Clothing Shop - FUNDED
Vegetable Stand - FUNDED
Clothing Shop - FUNDED
THIS PROJECT HAS BEEN FUNDED
Aisso Diedhiou sells clothing, shoes, accessories, and fabric in her small shop.
Grains and Legumes
Snacks Door to Door
Clothing Shop - FUNDED
Ndeye Sohouna Diatta purchases beans, corn, and millet in bulk and repackages them in small quantities for retail sale.
Smoked Fish
Snacks Door to Door
Snacks Door to Door
Khadidaitou DjiBa smokes fish and sells produce from her small garden.
Snacks Door to Door
Snacks Door to Door
Snacks Door to Door
Kandji Djiba sells her popular snacks door to door in the village of Gafanta.
Awa Badji
Vegetable stand - FUNDED
THIS PROJECT HAS BEEN FUNDED Awa Badji runs a small vegetable stand. To date, her sales have been limited only by the amount of inventory she is able to obtain. With the Local Enterprise Loan, Badji will be able to purchase larger quantities wholesale and reinvest future sales in the growth of her business.
Sohouna Diedhiou
Dried Fish
During the rainy season there is a surplus of fish. Sohouna Diedhiou purchases fish in bulk during this time and with her team dries them, preserving them to be used in cooking throughout the year. The loan will provide her the necessary capital to purchase more fish for drying.
Aisso Diedhiou
Clothing Shop - funded
THIS PROJECT HAS BEEN FUNDED Aisso Diedhou runs a small shop where she sells clothing, accessories, shoes, and fabric. There is demand for these goods in the village, but they can been hard to obtain. Most vendors come from the capital. With the loan Diedhou can increase her inventory, increasing sales, and providing goods to the local community.
Ndeye Sohouna Diatta
Grains and Legumes
Ndeye Shouna Diatta purchases beans, corn, and millet and repackages them for resale in small amounts good for family cooking. She sells them from her home in addition to produce from her small garden. The loan will allow her to purchase more inventory and increase sales.
Kandji Djiba
Snack foods
Kandi DjiBa is a popular local woman who sells snack foods door to door in the village of Gafanta. With the loan she can purchase more supplies and sell more products.