A loan of $2,650 helped a member to purchase a variety of goods.

Diguiya Group's story

The group Djiguiya is composed of five women, most of them married in monogamous households. The women average 39 years of age and four children each. And they all live in Badialan III, a district in Bamako. They know one another through community ties. The group members have small-scale businesses involving beauty products (ointments, hair extensions, …), fish, peanut butter, and clothing, and they work in food service.

With the goal of resupplying themselves with cash, the group members decided to collaborate with the the microfinance institution Soro Yiriwaso and are now on their third solidarity loan cycle.

Ms. Madjè (the woman sitting at the far right in the photo) is famous for selling the best quality beauty products. She intends to use her loan to purchase 50 packets of hair extensions and 5 boxes of ointments wholesale at the big market. Her sales are made retail to mostly women customers in Badialan III.

With this loan, Ms. Madjè hopes to make an average monthly profit of 100,000 francs CFA that will be used for reinvesting in her business. Her goal is to purchase a plot of residential land through this relationship with Soro Yiriwaso.

In this group: Madjè, Fanta, Mariam, Gnimaba, Ténin

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details