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Total loan: $950

Faramalala Tiana Elysa

Flag of Madagascar
Antananarivo, Antananarivo Province, Madagascar / Retail

Faramalala Tiana Elysa's loan finished fundraising,
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A loan helped to buy various types of telephones to resell.


Faramalala Tiana Elysa's story

Elysa is 28 years old. [Her and her husband] have two children, who are four and eight years old. Both children attend a private school. The family still lives in a rented house.

Elysa has been selling telephones and accessories since 2009. Her husband was working in a free zone company. He quit this work to support his wife in her business of selling telephones. The small family has no other source of income.

Other sellers procure stock from the couple. This experience helps them get to know products and the needs of their customers.

Effectively, selling telephones depends on the existence of stock that meet customer demand.

Elysa is currently on her fourth loan to diversify and increase her stock. Products are sold at a market in the capital.

Her goal is to open a shop and diversify her source of income, such as also selling used clothing.