Total loan: $3,575

Djamadjigui (L’Espoir Des Hommes) Group

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Koutiala, Sikasso, Mali / Food

Djamadjigui (L’Espoir Des Hommes) Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped To buy rice and condiments for catering.

Djamadjigui (L’Espoir Des Hommes) Group's story

The women of the group Djamadjigui are all married and average 37 years of age. They are the mothers of at least 6 children and live in the village of Kimparana, in San prefecture, Segou region. They do different kinds of work, such as food catering and selling condiments.

To expand their businesses, the group members decided to join the Soro Yiriwaso loan program three years ago. The loan amount of the sixth solidarity loan (group loan) is 200,000 francs CFA per client. All five preceding loans were correctly repaid.

The current loan will be used to buy sacks of rice and all sorts of condiments. The merchandise is acquired from Sikasso and San from wholesalers. The group members sell nicely-cooked rice at the crossroads of Kimparana. There, they have tables for selling condiments in front of the eateries.

The women of the group each plan to realize 160,000 francs of profit in the course of this cycle. In addition to the loan payments, they will address common family expenses.

Translated from French by Dan Kuey, Kiva Volunteer