Djiguifa Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped purchase of fish to sell.
Djiguifa Group's story
This group essentially sells fish. Besides fish, certain of them sometimes sell onions and firewood out of their homes. So as to increase the volume of their money-earning activities, they decided to join the loan program of Soro Yiriwaso. After having reimbursed their first three solidarity loans correctly, they are on their 4th, which will be used to buy 60 baskets, corresponding to 900 kg of fresh fish.
They buy their fish on the banks of the Niger River at Kirango. Part of the fish is dried in a corner of the house on a traditional dryer and the other half is sold raw. The dried fish is sold retail and on a cash basis in the market fairs of Konobougou, Sansanding and Siribala to a clientele composed mainly of women.
They each expect to make a monthly average profit of 51,000 F CFA which will be used to reimburse the loan and to add to savings. Their ambition is to each have a freezer so that they can keep the fish during periods where sales are slow.
Translated from French by Teresa Kramer, Kiva Volunteer